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 on or before 15 January 2010 | |||||
|
Age Next Birthday at the Notice Date |
Male |
Female |
Age Next Birthday at the Notice Date |
Male |
Female |
|
Up to 31 |
1310.4 |
1310.4 |
61 |
785.7 |
887.3 |
|
32 |
1298.3 |
1310.4 |
62 |
763.3 |
865.7 |
|
33 |
1285.9 |
1310.4 |
63 |
740.9 |
843.8 |
|
34 |
1273.1 |
1310.4 |
64 |
718.4 |
821.5 |
|
35 |
1259.9 |
1310.4 |
65 |
695.8 |
798.9 |
|
36 |
1246.4 |
1310.4 |
66 |
673.1 |
775.9 |
|
37 |
1232.4 |
1299.7 |
67 |
650.5 |
752.7 |
|
38 |
1218.1 |
1286.7 |
68 |
627.8 |
729.2 |
|
39 |
1203.4 |
1273.2 |
69 |
605.1 |
705.5 |
|
40 |
1188.4 |
1259.5 |
70 |
582.6 |
681.6 |
|
41 |
1172.9 |
1245.4 |
71 |
560.1 |
657.5 |
|
42 |
1157.1 |
1230.9 |
72 |
537.8 |
633.4 |
|
43 |
1140.9 |
1216.1 |
73 |
515.8 |
609.3 |
|
44 |
1124.3 |
1200.9 |
74 |
494.0 |
585.2 |
|
45 |
1107.3 |
1185.4 |
75 |
472.6 |
561.2 |
|
46 |
1089.9 |
1169.5 |
76 |
451.6 |
537.3 |
|
47 |
1072.1 |
1153.2 |
77 |
431.1 |
513.3 |
|
48 |
1053.9 |
1136.5 |
78 |
411.1 |
489.3 |
|
49 |
1035.3 |
1119.5 |
79 |
391.6 |
465.5 |
|
50 |
1016.3 |
1102.1 |
80 |
372.8 |
442.1 |
|
51 |
996.9 |
1084.4 |
81 |
354.3 |
419.3 |
|
52 |
977.2 |
1066.2 |
82 |
336.2 |
397.1 |
|
53 |
957.0 |
1047.8 |
83 |
318.5 |
375.8 |
|
54 |
936.6 |
1028.9 |
84 |
301.7 |
355.3 |
|
55 |
915.8 |
1009.7 |
85 |
285.9 |
335.9 |
|
56 |
894.7 |
990.2 |
86 |
271.3 |
317.4 |
|
57 |
873.3 |
970.3 |
87 |
258.0 |
299.9 |
|
58 |
851.7 |
950.1 |
88 |
246.0 |
283.4 |
|
59 |
829.9 |
929.5 |
89 |
235.1 |
268.0 |
|
60 |
807.9 |
908.6 |
90 and above |
225.4 |
253.5 |
Example: A male aged 38 next birthday would be entitled to a lump sum of:
- 1218.1 x the weekly amount of permanent impairment compensation payable.