Eligibility
When you stop being eligible
When the SMCAP isn't payable
Work out your years of submarine service
Rate of payment
Example
You have 4 years of submarine service.
You performed 100 days of submarine service in the financial year.
To work out your payment for the year:
- Calculate the daily amount for your length of service
- $35,000 ÷ 365 = $95.89 a day
- Multiply the daily amount by the number of days you were eligible in the financial year
- $95.89 × 100 for the year = $9,589
Your amount of submarine capability assurance payment for the financial year is $9,589.
Apply for the payment
How and when the payment is made
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