SRDP Application Assistance
We guide veterans through the SRDP application process to ensure you get the benefits and care you need.
DVA Benefits Experts
We guide you in identifying other DVA entitlements, including incapacity payments, that you may be eligible for and access the compensation you deserve.
Specialist Military Financial Advisers
As well as SRDP, we also provide overall financial planning to secure your finances after leaving the ADF.
Are you entitled to the Special Rate Disability Pension?
A Special Rate Disability Payment is another form of periodic disability compensation payment provided to Veterans through DVA. You do not automatically qualify for this pension and must meet certain eligibility criteria.
As qualified financial planners with experience in SRDP payments, we help our clients translate and understand what this is and how it can benefit them.
Our SRDP Services
Eligibility Assessment
We review your service and medical history, including impairment points assessed by the DVA, to determine your eligibility for SRDP, incapacity payments, and other associated benefits.
SRDP Application Assistance
Our experienced team provides step-by-step guidance through the SRDP application process, ensuring all necessary documentation is submitted accurately to improve your chances of receiving timely approval and payments.
DVA Benefits Comparison
We’ll compare the benefits available through DVA and superannuation, including incapacity payments and the Invalidity Service Pension, so that you can get the best compensation and medical care to support your life after service.
SRDP Tax Advice
Our specialists advise on the tax implications of receiving SRDP payments, ensuring you understand how these benefits may affect your overall tax situation and long-term finances.
DFRDB, MSBS and ADF Super Advice
We offer advice on all ADF superannuation schemes, including DFRDB, MSBS, and ADF Super, helping you maximise your financial security.
Comprehensive Financial Planning
Our holistic financial planning services will enable you to maximise all available benefits, including SRDP and superannuation, ensuring your financial strategy aligns with your short- and long-term goals.
What client say about us
Why Work With Us
Veteran-Owned Business
As a veteran-owned business, we are deeply committed to understanding ADF members’ challenges, needs, and goals. Our firsthand experience with the ADF community allows us to provide support and advice that truly make a difference
Expertise in SRDP Payments
Our advisers have extensive experience with the SRDP process. They provide expert guidance to support you in understanding the eligibility requirements and requirements for lodging your application. We also offer ongoing support to ensure you continue receiving the benefits you are entitled to.
DVA Benefits Specialists
In addition to our expertise in SRDP payments, we also assist ADF members with accessing other DVA benefits. Our team is experienced with the various programs and services offered by the Department of Veterans Affairs, and we can assist you to navigate the claims process to ensure you receive all entitled support.
Military Financial Specialists
As former ADF members, we understand the financial challenges military personnel and their families face. We have firsthand knowledge of ADF pay and conditions and the complexities of transitioning to civilian life. This qualifies us to provide comprehensive financial guidance and support for current and former ADF members.
Who We Can Help
- ADF veterans seeking SRDP
- Family members of veterans
- Retired military personnel
- ADF members about to medically discharge
- Veterans navigating the DVA claims process
Our Process
Our approach provides ADF members with comprehensive support, guiding them through financial options and benefits based on their situation.
Initial Discovery Call
We start by scheduling an initial discovery call. During this call, we will discuss your goals, concerns and any current financial challenges you may be facing.
SRDP Eligibility Assessment
Our team will assess your circumstances to determine your eligibility for the SRDP, considering your medical conditions and service history.
Complete Financial Health Check
We’ll review your financial situation, examining income, expenses, assets, and liabilities to identify areas for improvement and strategies for enhancing your financial well-being.
Comprehensive Financial Plan
Based on the information gathered from the initial discovery call, SRDP eligibility assessment and financial health check, we’ll develop a comprehensive financial plan that outlines recommended strategies to maximise your long-term financial security.
Financial Considerations Linked to the SRDP
While opting for the Special Rate Disability Pension can be beneficial, a few financial implications should be reviewed before confirming it over another compensation method. It is important to understand how Department of Veterans Affairs payments may interact with other financial products and support services.
This includes but is not limited to:
While indefinite payments may be paid at a lower rate than incapacity payments entitlement due to offsetting arrangements.
Treatment of payments, while exempt from tax, is assessable as income for social security purposes. This may lower payment amounts received through family tax benefits, child support, disability support pensions, age pension, and other social security payments.
Understanding how these financial products interact with other products, such as superannuation and insurance, can significantly impact your financial strategy.
These are all areas a financial planner can assist you with and make sense of, taking into account your circumstances.
Ineligible To Have A Special Rate Disability Pension Paid?
If you are assessed as ineligible to receive SRDP payments, other possibilities exist for additional assistance and compensation. These include, among other options, incapacity payments, impairment compensation, the Invalidity Service Pension and a partner’s rate of a pension if being cared for by your partner.
Many of these payments and products will include asset tests and a review of your different personal circumstances, including any income or assets gained during military service. Commonwealth Superannuation entitlements may also be assessed to determine eligibility requirements for certain payments and lump sum amounts. Assessments will also consider the impact of injuries sustained during service on your ability to work and access certain financial products. Understanding which products align with your circumstances can significantly impact the financial assistance available to you.
At NSF, while we do not process claims for payments, we provide valuable information to assist members in identifying what they are entitled to or where potential errors have been made.
This means that regardless of whether or not you are approved for a Special Rate Disability Pension payment, it is still worthwhile seeking our expert advice.