10.27.8.10 Rate calculation - background (Agreement with the Republic of North Macedonia)
Basis for rate calculation
Article 12 of the Agreement, when read with social security law sets out how to determine the rate of Australian benefit payable under the Agreement. There are 2 different methods of calculating the rate:
- the proportional rate for people outside Australia, and for up to 26 weeks of a temporary visit to Australia (10.1.9.20), and
- the direct deduction rate for people inside Australia, and for up to 26 weeks of a temporary absence from Australia (10.1.9.60).
Act reference: SS(IntAgree)Act Schedule 26 Former Yugoslav Republic of Macedonia
Policy reference: SS Guide 10.1.9.20 Outside Australia Rate for Agreement Payments, 10.1.9.60 Inside Australia Rate for Agreement Payments