Conversion factors - permanent impairment periodic payments to lump sums where the election for lump sum is made on or before 15 January 2010

This table converts a weekly payment for permanent impairment to a lump sum. Please note that the MRCA enables the maximum lump sum to be paid for males up to age 30.

Factors for converting weekly amount (under section 68, 71 or 75(2)) to a lump sum under section 78 of the MRCA where the election is made on or before 15 January 2010
Age Next Birthday at the Notice Date	Male	Female	Age Next Birthday at the Notice Date	Male	Female
Up to 31	1310.4	1310.4	61	785.7	887.3
32	1298.3	1310.4	62	763.3	865.7
33	1285.9	1310.4	63	740.9	843.8
34	1273.1	1310.4	64	718.4	821.5
35	1259.9	1310.4	65	695.8	798.9
36	1246.4	1310.4	66	673.1	775.9
37	1232.4	1299.7	67	650.5	752.7
38	1218.1	1286.7	68	627.8	729.2
39	1203.4	1273.2	69	605.1	705.5
40	1188.4	1259.5	70	582.6	681.6
41	1172.9	1245.4	71	560.1	657.5
42	1157.1	1230.9	72	537.8	633.4
43	1140.9	1216.1	73	515.8	609.3
44	1124.3	1200.9	74	494.0	585.2
45	1107.3	1185.4	75	472.6	561.2
46	1089.9	1169.5	76	451.6	537.3
47	1072.1	1153.2	77	431.1	513.3
48	1053.9	1136.5	78	411.1	489.3
49	1035.3	1119.5	79	391.6	465.5
50	1016.3	1102.1	80	372.8	442.1
51	996.9	1084.4	81	354.3	419.3
52	977.2	1066.2	82	336.2	397.1
53	957.0	1047.8	83	318.5	375.8
54	936.6	1028.9	84	301.7	355.3
55	915.8	1009.7	85	285.9	335.9
56	894.7	990.2	86	271.3	317.4
57	873.3	970.3	87	258.0	299.9
58	851.7	950.1	88	246.0	283.4
59	829.9	929.5	89	235.1	268.0
60	807.9	908.6	90 and above	225.4	253.5

Example: A male aged 38 next birthday would be entitled to a lump sum of:

1218.1 x the weekly amount of permanent impairment compensation payable.

Source URL: https://clik.dva.gov.au/military-compensation-mrca-manuals-and-resources-library/actuary-tables-used-age-adjusting-lump-sum-payments/conversion-factors-permanent-impairment-periodic-payments-lump-sums-where-election-lump-sum-made-or-15-january-2010