-
Home
Military Compensation MRCA Manuals and Resources Library
Actuary Tables Used For Age Adjusting Lump Sum Payments
- Conversion factors - permanent impairment periodic payments to lump sums where the election for lump sum is made after 15 January 2010 and before 4 May 2015
External
This table converts a weekly payment for permanent impairment to a lump sum. Please note that the MRCA enables the maximum lump sum to be paid for males up to age 30.
Factors for converting weekly amount (under section 68, 71 or 75(2)) to a lump sum under section 78 of the MRCA where the election is made after 15 January 2010 and before 4 May 2015 | |||||
Age Next Birthday at the Notice Date |
Male |
Female |
Age Next Birthday at the Notice Date |
Male |
Female |
Up to 31 |
1326.1 |
1326.1 |
61 |
814.3 |
903.9 |
32 |
1314.3 |
1326.1 |
62 |
791.9 |
882.2 |
33 |
1302.0 |
1326.1 |
63 |
769.4 |
860.2 |
34 |
1289.5 |
1326.1 |
64 |
746.7 |
837.8 |
35 |
1276.6 |
1326.1 |
65 |
723.9 |
815.0 |
36 |
1263.4 |
1323.6 |
66 |
701.0 |
791.8 |
37 |
1249.8 |
1311.1 |
67 |
677.9 |
768.2 |
38 |
1235.8 |
1298.2 |
68 |
654.8 |
744.3 |
39 |
1221.5 |
1285.1 |
69 |
631.5 |
720.1 |
40 |
1206.8 |
1271.6 |
70 |
608.1 |
695.6 |
41 |
1191.7 |
1257.7 |
71 |
584.6 |
670.8 |
42 |
1176.3 |
1243.6 |
72 |
560.0 |
645.9 |
43 |
1160.6 |
1229.1 |
73 |
537.3 |
620.9 |
44 |
1144.4 |
1214.2 |
74 |
513.7 |
595.7 |
45 |
1127.9 |
1199.0 |
75 |
490.4 |
570.6 |
46 |
1111.0 |
1183.4 |
76 |
467.6 |
545.4 |
47 |
1093.7 |
1167.5 |
77 |
445.2 |
520.3 |
48 |
1076.1 |
1151.2 |
78 |
423.2 |
495.3 |
49 |
1058.1 |
1134.6 |
79 |
401.7 |
470.4 |
50 |
1039.8 |
1117.6 |
80 |
380.7 |
445.9 |
51 |
1021.1 |
1100.3 |
81 |
360.3 |
421.7 |
52 |
1002.0 |
1082.4 |
82 |
340.4 |
397.9 |
53 |
982.5 |
1064.2 |
83 |
321.2 |
374.8 |
54 |
962.7 |
1045.5 |
84 |
302.7 |
352.4 |
55 |
942.5 |
1026.5 |
85 |
285.1 |
330.7 |
56 |
922.0 |
1007.0 |
86 |
268.3 |
310.0 |
57 |
901.1 |
987.2 |
87 |
252.5 |
290.3 |
58 |
879.8 |
966.9 |
88 |
237.7 |
271.6 |
59 |
858.2 |
946.3 |
89 |
224.1 |
254.0 |
60 |
836.4 |
925.3 |
90 and above |
211.6 |
237.7 |
Example: A male aged 38 next birthday would be entitled to a lump sum of:
- 1235.8 x the weekly amount of permanent impairment compensation payable.
Book traversal links for Conversion factors - permanent impairment periodic payments to lump sums where the election for lump sum is made after 15 January 2010 and before 4 May 2015
Conversion factors - permanent impairment periodic payments to lump sums where the election for lump sum is made on or before 15 January 2010
Last page
Go up
Conversion factors - permanent impairment periodic payments to lump sums where the election for lump sum is made on or after 1 March 2021
Next page