SRCA and Defence Act payments 1 July 2015
Old rate | New Rate | Difference | |
SRCA and Defence Act payments | 20/03/2015 | 01/07/2015 | |
SRCA Table 1 | Lump Sums | ||
Indexation of normal weekly earnings (wage price index) | 2.60% | 2.60% | N/A |
Maximum death lump sum - 17(3) | $504,449.16 | $517,564.84 | $13,115.68 |
Maximum death lump sum - 17(4) | $504,449.16 | $517,564.84 | $13,115.68 |
Funeral expenses reimbursement limit - 18(2) | $11,267.70 | $11,459.25 | $191.55 |
Maximum lump sum permanent impairment | $176,966.82 | $179,975.26 | $3,008.44 |
Maximum lump sum impairment component - NEL A | $33,181.30 | $33,745.38 | $564.08 |
Maximum lump sum non-economic loss component - NEL B | $33,181.30 | $33,745.38 | $564.08 |
Weekly | |||
Death - dependent child - 17(5) | $138.72 | $142.33 | $3.61 |
Incapacity - minimum earnings - 19(7) | $446.84 | $454.44 | $7.60 |
Incapacity - prescribed person - 19(8) | $110.65 | $112.53 | $1.88 |
Incapacity - dependent child - 19(9) | $55.28 | $56.22 | $0.94 |
Maximum household services | $442.40 | $449.92 | $7.52 |
Maxmium attendant care service | $442.40 | $449.92 | $7.52 |
Redemption eligibility ceiling - 30(1) | $110.65 | $112.53 | $1.88 |
Redemption eligibility ceiling - 137(1) | $110.65 | $112.53 | $1.88 |
SRCA Table 2 | Per kilometre | ||
Specified rate per kilometre | $0.60 | $0.60 | $0.00 |
SRCA Table 3 | Weekly | ||
150% AWOTEFA | $2,214.45 | $2,214.45 | $0.00 |
Effective date | N/A | 26/02/2015 | N/A |
SRCA Table 4 | |||
Superannuation amount - CPI only | 0.90% | 0.40% | N/A |
Superannuation amount - CPI PBLCI MTAWE | 0.90% | 0.40% | N/A |
SRCA Table 5 | Interest | ||
Specified weekly interest on lump sums | 3.86% | 3.26% | N/A |
SRCA supplement | $ 6.20 | $ 6.20 | $ - |
Defence Act payments | Lump Sums | ||
Additional death benefit lump sum limit | $55,691.88 | $57,139.87 | $1,447.99 |
Addition to maximum SRCA permanent impairment payment used to calculate severe injury adjustment | $75,642.17 | $76,928.09 | $1,285.92 |
Dependent child benefit lump sum limit | $81,858.18 | $83,986.49 | $2,128.31 |
Financial advice lump sum limit | $1,594.94 | $1,622.05 | $27.11 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/1-july-2015/srca-and-defence-act-payments-1-july-2015