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SRCA and Defence Act payments 1 July 2018

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 Old rateNew RateDifference
SRCA & Other Acts20/03/201801/07/2018 
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 dateN/A22/02/2018N/A
    
SRCA Table 4   
Superannuation amount - CPI only0.80%1.10%N/A
Superannuation amount - CPI PBLCI MTAWE0.80%1.50%N/A
    
SRCA Table 5 Interest 
Specified weekly interest on lump sums2.37%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 $               -