2.Section 13 of the Act provides for indexation to be applied to relevant amounts specified in subsections 17(3),(4) or (5), 18(2), 19(7),(8) or (9), 24(9), 27(2), 29(1) or (3), 30(1) or 137(1) on 1 July every year.
3.The statutory benefits listed below have been increased with effect from 1 July 1996. The increase is 5.1%.
|
Sub-Section |
Nature of Benefit |
1.7.95 Rate $ |
1.7.96 Rate $ |
|
17(3) |
Death - lump sum |
158,364.70 |
166,441.29 |
|
17(4) |
Death - lump sum |
158,364.70 |
166,441.29 |
|
17(5) |
Death - dependant child (per week) |
52.78 |
55.47 |
|
18(2) |
Funeral Expenses |
3,655.66 |
3,842.10 |
|
19(7) |
Incapacity - employee |
266.57 |
280.17 |
|
19(8) |
Incapacity - prescribed person |
65.99 |
69.36 |
|
19(9) |
Incapacity - dependant child |
32.99 |
34.67 |
|
24(9) |
Permanent Impairment |
105,576.47 |
110,960.88 |
|
27(2) |
Non-economic Loss - impairment component - non-economic loss component |
19,795.59 19,795.59 |
20,805.17 20,805.17 |
|
29(1) |
Household services |
263.94 |
277.40 |
|
29(3) |
Attendant care services |
263.94 |
277.40 |
|
30(1) |
Redemption ceiling |
65.99 |
69.36 |
|
137(1) |
Redemption ceiling |
65.99 |
69.36 |
(signed)
ROBERT KNAPP
Deputy Chief Executive Officer
13 June 1996