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Conversion factors - permanent impairment periodic payments to lump sums where the election for lump sum is made on or after 4 May 2015

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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 s68, 71 or 75(2)) to a lump sum under s78(5) of the MRCA where the election is made on or after 4 May 2015

Age Next Birthday at the Notice Date

Male

Female

Age Next Birthday at the Notice Date

Male

Female

Up to 31

1337.3

1337.3

61

835.4

916.7

32

1325.6

1337.3

62

813.3

895.1

33

1313.5

1337.3

63

790.9

873.1

34

1301.2

1337.3

64

768.2

850.7

35

1288.6

1337.3

65

745.4

827.9

36

1275.6

1330.7

66

722.3

804.7

37

1262.2

1318.3

67

699.0

781.1

38

1248.5

1305.7

68

675.4

757.2

39

1234.5

1292.7

69

651.7

732.9

40

1220.1

1279.5

70

627.7

708.4

41

1205.3

1265.8

71

603.6

683.6

42

1190.2

1251.9

72

579.5

658.6

43

1174.7

1237.6

73

555.2

633.4

44

1158.9

1223.0

74

531.1

608.1

45

1142.7

1208.0

75

507.0

582.7

46

1126.1

1192.6

76

483.2

557.2

47

1109.2

1177.0

77

459.6

531.6

48

1091.9

1160.9

78

436.3

506.0

49

1074.2

1144.5

79

413.4

480.5

50

1056.2

1127.7

80

391.0

455.1

51

1037.9

1110.5

81

369.1

429.9

52

1019.2

1093.0

82

347.8

405.2

53

1000.1

1075.0

83

327.1

380.9

54

980.7

1056.6

84

307.2

357.3

55

961.0

1037.9

85

288.1

334.5

56

941.0

1018.7

86

269.9

312.5

57

920.5

999.1

87

252.6

291.5

58

899.8

979.1

88

236.3

271.6

59

878.6

958.7

89

220.9

252.7

60

857.2

937.9

90 and above

206.7

235.1