| Old rate | New Rate | Difference | SRCA and Defence Act payments | 20/03/2016 | 01/07/2016 | | 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 | | | Weekly | | 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 date | N/A | 25/02/2016 | N/A | | | | | SRCA Table 4 | | | | Superannuation amount - CPI only | 1.10% | 0.20% | N/A | Superannuation amount - CPI PBLCI MTAWE | 1.10% | 0.40% | N/A | | | | | SRCA Table 5 | | Interest | | Specified weekly interest on lump sums | 3.26% | 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 |
|