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11.1.3 Indexation Timetable

Last amended: 15 August 2013

In this section

This section describes how payments under the MRCA and the Defence Act 1903 are indexed.

MRCA payments

Category

Indexation date(s)...

Reference quarter

Base quarter

Rounding base

Rate calculated under...

Special rate disability pension*

20 March

20 September

Weekly payment not indexed but set as equal to 50% of the fortnightly special rate (T&PI) of disability pension under the VEA

[glossary:Section 198(2) MRCA

Clean energy supplement:LEGIS/MRC-ACTS/MRCA/S198] for special rate disability pension

20 March

20 September

Weekly payment not indexed but set as equal to 50% of the fortnightly clean energy supplement rate for special rate of disability pension under the VEA.

Section 209A MRCA

Wholly dependent partner's lump sum compensation*

N/A

Not indexed but determined by reference to the weekly wholly dependent partner rate and the partner's age.

Subsection 234(4) MRCA

Wholly dependent partner's weekly compensation*

20 March

20 September

Weekly payment not indexed but set as equal to 50% of the fortnightly war widow's / widower's pension under the VEA

Subsection 234(5) MRCA

Clean energy supplement for wholly dependent partner payment

20 March

20 September

Weekly payment not indexed but set as equal to 50% of the fortnightly clean energy supplement rate for war widows/widowers under the VEA.

Section 238A MRCA

Periodic permanent impairment payment lump sum

N/A

Not indexed but determined by reference to the weekly periodic impairment payment rate and the member's age.

Periodic permanent impairment payment

1 July

December quarter

December quarter prior to the reference quarter

$0.01, rounded off

Section 74 MRCA

Clean energy supplement for permanent impairment payment

1 July

December quarter

December quarter prior to the reference quarter

$0.01, rounded off

Section 404(1A) MRCA

Weekly payments

  • Incapacity payment commutation limit
  • Household services compensation
  • Attendant care services

  • Weekly compensation following a member's death for dependent eligible young person
  • ADF remuneration loading allowance

1 July

December quarter

December quarter prior to the reference quarter

$0.01, rounded off

Lump sums

  • Eligible young person maximum permanent impairment compensation
  • Financial advice compensation

  • Additional compensation following a member's death for wholly dependent partner
  • Compensation following a member's death for dependent eligible young person
  • Compensation following a member's death for each other dependant
  • Total compensation following death for all other dependants
  • Funeral expenses compensation

1 July

December quarter

December quarter prior to the reference quarter

$0.01, rounded off

MRCA Supplement

1 January

Not indexed but set as equal to the rate of veterans supplement under VEA sections 118C and 118D

Section 223, MRCA

Section 247, MRCA

Section 302, MRCA

Education allowances

1 January

June quarter

Highest June quarter prior to the reference quarter

$0.10 p/f, rounded off

Military Rehabilitation and Compensation Act Education and Training Scheme

Instrument 2004 No. M4

Defence Act 1903 payments

Category

Indexation date(s)...

Reference quarter

Base quarter

Rounding base

Rate calculated under...

Additional death benefit

1 July

December quarter

December quarter prior to the reference quarter

$0.01, rounded off

Defence Determination 2005/15

Severe injury adjustment

Dependent child benefit

Financial advice limit