Australia- C&L study findings

Government net liability for lump sum claimants:

- At least $225m p.a. for 6,000 lump sum claimants

- Took into account taxation revenue from claimants
returned to work

- Social Security liability of $500m incurred for these
claimants

- Adopting MAA proposal would halve the social
security liability and eliminate overall net liability

(authors: John Walsh, FIAA; Raewin Davies, FIAA)