External
Payment Rate

 

Name of Benefit

1/7/2010

1/7/2009

1/7/2008

13/5/2008

1/7/2007

1/7/2006

1/7/2005

Additional Death Benefit

$48,817.06

$47,395.78

$45,485.40

$44,160.58

$263,184.20 - see note below*

$254,776.57 - see note below*

$247,837.13 - see note below*

Dependant Child

$71,753.26

$70,277.43

$67,769.94

$65,796.06

$65,796.06

$63,694.15

$61,959.29

Severe Injury Adjustment

Maximum SRCA PI amount + $68,063.38

$281,109.68

$271,079.73

$263,184.20

$263,184.20

$254,776.57

$247,837.13

Financial Advice

$1,435.14

$1,405.62

$1,355.47

$1,315.99

$1,315.99

$1,273.95

$1,239.25

 

* The additional death benefit amount (ADB) was changed to a flat lump sum amount effective from 13 May 2008. Prior to 13 May 2008 the ADB amount is first reduced by the maximum SRCA Section 17 payment rate and then only the remaining amount is paid as the ADB amount.  See Businessline TRIM record 09210765E and section1.2 of the SRCA Handbook.