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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 pension* |
20 March 20 September |
Weekly payment not indexed but set as equal to 50% of the fortnightly special rate (T&PI) of disability pension under the VEA |
[glossary:Section 198(2) MRCA |
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Clean energy supplement:LEGIS/MRC-ACTS/MRCA/S198] for special rate disability pension |
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 pension under the VEA. |
Section 209A MRCA |
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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 |
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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 |
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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 |
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 |
|
Lump sums
|
1 July |
December quarter |
December quarter prior to the reference quarter |
$0.01, rounded off |
|
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 |
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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 |