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SRCA and Defence Act payments 1 July 2015

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  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