You are here

SRCA and Defence Act payments 1 July 2017

Document
 Old rateNew RateDifference
SRCA and Defence Act payments20/03/201701/07/2017 
SRCA Table 1 Lump Sums 
Maximum death lump sum - 17(3) $    528,433.70 $    539,002.37 $    10,568.67
Maximum death lump sum - 17(4) $    528,433.70 $    539,002.37 $    10,568.67
Funeral expenses reimbursement limit - 18(2) $      11,654.06 $      11,828.87 $        174.81
Maximum lump sum permanent impairment $    183,034.84 $    185,780.36 $      2,745.52
Maximum lump sum impairment component - NEL A $      34,319.05 $      34,833.84 $        514.79
Maximum lump sum non-economic loss component - NEL B $      34,319.05 $      34,833.84 $        514.79
  Weekly 
Death - dependent child - 17(5) $           145.32 $           148.23 $            2.91
Incapacity - minimum earnings - 19(7) $           462.17 $           469.10 $            6.93
Incapacity - prescribed person - 19(8) $           114.44 $           116.16 $            1.72
Incapacity - dependent child - 19(9) $            57.18 $            58.04 $            0.86
Maximum household services $           457.57 $           464.43 $            6.86
Maxmium attendant care service $           457.57 $           464.43 $            6.86
Redemption eligibility ceiling - 30(1) $           114.44 $           116.16 $            1.72
Redemption eligibility ceiling - 137(1) $           114.44 $           116.16 $            1.72
    
SRCA Table 2 Per kilometre 
Specified rate per kilometre $              0.60 $              0.60 $               -  
    
SRCA Table 3 Weekly 
150% AWOTEFA $        2,299.65 $        2,299.65 $               -  
Effective dateN/A23/02/2017N/A
    
SRCA Table 4   
Superannuation amount - CPI only1.10%1.00%N/A
Superannuation amount - CPI PBLCI MTAWE1.10%1.30%N/A
    
SRCA Table 5 Interest 
Specified weekly interest on lump sums2.72%2.37%N/A
    
SRCA Table 6   
Indexation of normal weekly earnings (wage price index)2.10%2.00%N/A
    
SRCA Supplement Per fortnight 
SRCA supplement $              6.20 $              6.20 $               -  
    
Defence Act payments Lump Sums 
Additional death benefit lump sum limit $      58,339.81 $      59,506.61 $      1,166.80
Addition to maximum SRCA permanent impairment payment used to calculate severe injury adjustment $      78,235.87 $      79,409.41 $      1,173.54
Dependent child benefit lump sum limit $      85,750.21 $      87,465.21 $      1,715.00
Financial advice lump sum limit $        1,649.62 $        1,674.36 $          24.74