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SRCA and Defence Act payments 1 July 2016

 Old rateNew RateDifference
SRCA and Defence Act payments20/03/201601/07/2016 
SRCA Table 1 Lump Sums 
Indexation of normal weekly earnings (wage price index)2.60%2.10%N/A
Maximum death lump sum - 17(3)$517,564.84$528,433.70$10,868.86
Maximum death lump sum - 17(4)$517,564.84$528,433.70$10,868.86
Funeral expenses reimbursement limit - 18(2)$11,459.25$11,654.06$194.81
Maximum lump sum permanent impairment$179,975.26$183,034.84$3,059.58
Maximum lump sum impairment component - NEL A$33,745.38$34,319.05$573.67
Maximum lump sum non-economic loss component - NEL B$33,745.38$34,319.05$573.67
Death - dependent child - 17(5)$142.33$145.32$2.99
Incapacity - minimum earnings - 19(7)$454.44$462.17$7.73
Incapacity - prescribed person - 19(8)$112.53$114.44$1.91
Incapacity - dependent child - 19(9)$56.22$57.18$0.96
Maximum household services$449.92$457.57$7.65
Maxmium attendant care service$449.92$457.57$7.65
Redemption eligibility ceiling - 30(1)$112.53$114.44$1.91
Redemption eligibility ceiling - 137(1)$112.53$114.44$1.91
SRCA Table 2 Per kilometre 
Specified rate per kilometre$0.60$0.60$0.00
SRCA Table 3 Weekly 
150% AWOTEFA$2,248.95$2,248.95$0.00
Effective dateN/A25/02/2016N/A
SRCA Table 4   
Superannuation amount - CPI only1.10%0.20%N/A
Superannuation amount - CPI PBLCI MTAWE1.10%0.40%N/A
SRCA Table 5 Interest 
Specified weekly interest on lump sums3.26%3.26%N/A
SRCA supplement$6.20$6.20$0.00
Defence Act payments Lump Sums 
Additional death benefit lump sum limit$57,139.87$58,339.81$1,199.94
Addition to maximum SRCA permanent impairment payment used to calculate severe injury adjustment$76,928.09$78,235.87$1,307.78
Dependent child benefit lump sum limit$83,986.49$85,750.21$1,763.72
Financial advice lump sum limit$1,622.05$1,649.62$27.57