|
Old rate |
New Rate |
Difference | |
|
SRCA and Defence Act payments |
20/03/2014 |
01/07/2014 |
|
|
SRCA Table 1 |
|
Lump Sums |
|
|
Indexation of normal weekly earnings (wage price index) |
3.50% |
2.60% |
N/A |
|
Maximum death lump sum - 17(3) |
$492,145.52 |
$504,449.16 |
$12,303.64 |
|
Maximum death lump sum - 17(4) |
$492,145.52 |
$504,449.16 |
$12,303.64 |
|
Funeral expenses reimbursement limit - 18(2) |
$10,971.47 |
$11,267.70 |
$296.23 |
|
Maximum lump sum permanent impairment |
$172,314.33 |
$176,966.82 |
$4,652.49 |
|
Maximum lump sum impairment component - NEL A |
$32,308.96 |
$33,181.30 |
$872.34 |
|
Maximum lump sum non-economic loss component - NEL B |
$32,308.96 |
$33,181.30 |
$872.34 |
|
|
Weekly |
| |
|
Death - dependent child - 17(5) |
$135.34 |
$138.72 |
$3.38 |
|
Incapacity - minimum earnings - 19(7) |
$435.09 |
$446.84 |
$11.75 |
|
Incapacity - prescribed person - 19(8) |
$107.74 |
$110.65 |
$2.91 |
|
Incapacity - dependent child - 19(9) |
$53.83 |
$55.28 |
$1.45 |
|
Maximum household services |
$430.77 |
$442.40 |
$11.63 |
|
Maxmium attendant care service |
$430.77 |
$442.40 |
$11.63 |
|
Redemption eligibility ceiling - 30(1) |
$107.74 |
$110.65 |
$2.91 |
|
Redemption eligibility ceiling - 137(1) |
$107.74 |
$110.65 |
$2.91 |
|
SRCA Table 2 |
|
Per kilometre |
|
|
Specified rate per kilometre |
$0.60 |
$0.60 |
$0.00 |
|
SRCA Table 3 |
|
Weekly |
|
|
150% AWOTEFA |
$2,156.55 |
$2,156.55 |
$0.00 |
|
Effective date |
20/02/2014 |
N/A |
N/A |
|
SRCA Table 4 |
|
|
|
|
Superannuation amount - CPI only |
1.60% |
1.30% |
N/A |
|
Superannuation amount - CPI PBLCI MTAWE |
|
1.50% |
N/A |
|
SRCA Table 5 |
|
Interest |
|
|
Specified weekly interest on lump sums |
3.24% |
3.86% |
N/A |
|
SRCA supplement |
$ 6.20 |
$ 6.20 |
$ - |
|
Defence Act payments |
|
Lump Sums |
|
|
Additional death benefit lump sum limit |
$54,333.55 |
$55,691.88 |
$1,358.33 |
|
Addition to maximum SRCA permanent impairment payment used to calculate severe injury adjustment |
$73,653.52 |
$75,642.17 |
$1,988.65 |
|
Dependent child benefit lump sum limit |
$79,861.64 |
$81,858.18 |
$1,996.54 |
|
Financial advice lump sum limit |
$1,553.01 |
$1,594.94 |
$41.93 |