Conversion factors - permanent impairment periodic payments to lump sums where the election for lump sum is made on or after 4 May 2015

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 s68, 71 or 75(2)) to a lump sum under s78(5) of the MRCA where the election is made on or after 4 May 2015
Age Next Birthday at the Notice Date	Male	Female	Age Next Birthday at the Notice Date	Male	Female
Up to 31	1337.3	1337.3	61	835.4	916.7
32	1325.6	1337.3	62	813.3	895.1
33	1313.5	1337.3	63	790.9	873.1
34	1301.2	1337.3	64	768.2	850.7
35	1288.6	1337.3	65	745.4	827.9
36	1275.6	1330.7	66	722.3	804.7
37	1262.2	1318.3	67	699.0	781.1
38	1248.5	1305.7	68	675.4	757.2
39	1234.5	1292.7	69	651.7	732.9
40	1220.1	1279.5	70	627.7	708.4
41	1205.3	1265.8	71	603.6	683.6
42	1190.2	1251.9	72	579.5	658.6
43	1174.7	1237.6	73	555.2	633.4
44	1158.9	1223.0	74	531.1	608.1
45	1142.7	1208.0	75	507.0	582.7
46	1126.1	1192.6	76	483.2	557.2
47	1109.2	1177.0	77	459.6	531.6
48	1091.9	1160.9	78	436.3	506.0
49	1074.2	1144.5	79	413.4	480.5
50	1056.2	1127.7	80	391.0	455.1
51	1037.9	1110.5	81	369.1	429.9
52	1019.2	1093.0	82	347.8	405.2
53	1000.1	1075.0	83	327.1	380.9
54	980.7	1056.6	84	307.2	357.3
55	961.0	1037.9	85	288.1	334.5
56	941.0	1018.7	86	269.9	312.5
57	920.5	999.1	87	252.6	291.5
58	899.8	979.1	88	236.3	271.6
59	878.6	958.7	89	220.9	252.7
60	857.2	937.9	90 and above	206.7	235.1

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-after-4-may-2015