SRCA and Defence Act payments 1 July 2018
Old rate | New Rate | Difference | |
SRCA & Other Acts | 20/03/2018 | 01/07/2018 | |
SRCA Table 1 | Lump Sums | ||
Maximum death lump sum - 17(3) | $ 539,002.37 | $ 550,321.42 | $ 11,319.05 |
Maximum death lump sum - 17(4) | $ 539,002.37 | $ 550,321.42 | $ 11,319.05 |
Funeral expenses reimbursement limit - 18(2) | $ 11,828.87 | $ 12,053.62 | $ 224.75 |
Maximum lump sum permanent impairment | $ 185,780.36 | $ 189,310.19 | $ 3,529.83 |
Maximum lump sum impairment component - NEL A | $ 34,833.84 | $ 35,495.68 | $ 661.84 |
Maximum lump sum non-economic loss component - NEL B | $ 34,833.84 | $ 35,495.68 | $ 661.84 |
Weekly | |||
Death - dependent child - 17(5) | $ 148.23 | $ 151.34 | $ 3.11 |
Incapacity - minimum earnings - 19(7) | $ 469.10 | $ 478.01 | $ 8.91 |
Incapacity - prescribed person - 19(8) | $ 116.16 | $ 118.37 | $ 2.21 |
Incapacity - dependent child - 19(9) | $ 58.04 | $ 59.14 | $ 1.10 |
Maximum household services | $ 464.43 | $ 473.25 | $ 8.82 |
Maxmium attendant care service | $ 464.43 | $ 473.25 | $ 8.82 |
Redemption eligibility ceiling - 30(1) | $ 116.16 | $ 118.37 | $ 2.21 |
Redemption eligibility ceiling - 137(1) | $ 116.16 | $ 118.37 | $ 2.21 |
SRCA Table 2 | Per kilometre | ||
Specified rate per kilometre | $ 0.60 | $ 0.60 | $ - |
SRCA Table 3 | Weekly | ||
150% AWOTEFA | $ 2,351.85 | $ 2,351.85 | $ - |
Effective date | N/A | 22/02/2018 | N/A |
SRCA Table 4 | |||
Superannuation amount - CPI only | 0.80% | 1.10% | N/A |
Superannuation amount - CPI PBLCI MTAWE | 0.80% | 1.50% | N/A |
SRCA Table 5 | Interest | ||
Specified weekly interest on lump sums | 2.37% | 2.64% | N/A |
SRCA Table 6 | |||
Indexation of normal weekly earnings (wage price index) | 2.00% | 2.10% | N/A |
SRCA Supplement | Per fortnight | ||
SRCA supplement | $ 6.20 | $ 6.20 | $ - |
Defence Act payments | Lump Sums | ||
Additional death benefit lump sum limit | $ 59,506.61 | $ 60,756.25 | $ 1,249.64 |
Addition to maximum SRCA permanent impairment payment used to calculate severe injury adjustment | $ 79,409.41 | $ 80,918.19 | $ 1,508.78 |
Dependent child benefit lump sum limit | $ 87,465.21 | $ 89,301.98 | $ 1,836.77 |
Financial advice lump sum limit | $ 1,674.36 | $ 1,706.17 | $ 31.81 |
BNT/BCOF Act | Per fortnight | ||
Pharmaceutical supplement | $ 6.20 | $ 6.20 | $ - |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/current-payment-rates/1-july-2018/srca-and-defence-act-payments-1-july-2018