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11.1.3 Indexation Timetable
Last amended: 15 August 2013
In this section
This section describes how payments under the MRCA and the Defence Act 1903 are indexed.
MRCA payments
Category | Indexation date(s)... | Reference quarter | Base quarter | Rounding base | Rate calculated under... |
Special rate disability compensation payment* | 20 March 20 September | Weekly payment not indexed but set as equal to 50% of the fortnightly special rate (T&PI) of disability compensation payment under the VEA | [glossary:Section 198(2) MRCA
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Clean energy supplement:LEGIS/MRC-ACTS/MRCA/S198] for special rate disability compensation payment | 20 March 20 September | Weekly payment not indexed but set as equal to 50% of the fortnightly clean energy supplement rate for special rate of disability compensation payment under the VEA. | Section 209A MRCA | ||
Wholly dependent partner's lump sum compensation* | N/A | Not indexed but determined by reference to the weekly wholly dependent partner rate and the partner's age. | Subsection 234(4) MRCA
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Wholly dependent partner's weekly compensation* | 20 March 20 September | Weekly payment not indexed but set as equal to 50% of the fortnightly war widow's / widower's pension under the VEA | Subsection 234(5) MRCA | ||
Clean energy supplement for wholly dependent partner payment | 20 March 20 September | Weekly payment not indexed but set as equal to 50% of the fortnightly clean energy supplement rate for war widows/widowers under the VEA. | Section 238A MRCA | ||
Periodic permanent impairment payment lump sum | N/A | Not indexed but determined by reference to the weekly periodic impairment payment rate and the member's age. |
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Periodic permanent impairment payment | 1 July | December quarter | December quarter prior to the reference quarter | $0.01, rounded off | Section 74 MRCA
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Clean energy supplement for permanent impairment payment | 1 July | December quarter | December quarter prior to the reference quarter | $0.01, rounded off
| Section 404(1A) MRCA |
Weekly payments
| 1 July | December quarter | December quarter prior to the reference quarter | $0.01, rounded off |
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Lump sums
| 1 July | December quarter | December quarter prior to the reference quarter | $0.01, rounded off |
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MRCA Supplement
| 1 January | Not indexed but set as equal to the rate of veterans supplement under VEA sections 118C and 118D | Section 223, MRCA Section 247, MRCA Section 302, MRCA | ||
Education allowances | 1 January | June quarter | Highest June quarter prior to the reference quarter | $0.10 p/f, rounded off | Military Rehabilitation and Compensation Act Education and Training Scheme |
Defence Act 1903 payments
Category | Indexation date(s)... | Reference quarter | Base quarter | Rounding base | Rate calculated under... |
Additional death benefit
| 1 July | December quarter | December quarter prior to the reference quarter | $0.01, rounded off | Defence Determination 2005/15 |
Severe injury adjustment
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Dependent child benefit
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Financial advice limit |