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SRCA and Defence Act payments 20 March 2018
SRCA and Defence Act payments 20 March 2018
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Old rate
New Rate
Difference
SRCA & Other Acts
01/01/2018
20/03/2018
SRCA Table 1
Lump Sums
Maximum death lump sum - 17(3)
$ 539,002.37
$ 539,002.37
$ -
Maximum death lump sum - 17(4)
$ 539,002.37
$ 539,002.37
$ -
Funeral expenses reimbursement limit - 18(2)
$ 11,828.87
$ 11,828.87
$ -
Maximum lump sum permanent impairment
$ 185,780.36
$ 185,780.36
$ -
Maximum lump sum impairment component - NEL A
$ 34,833.84
$ 34,833.84
$ -
Maximum lump sum non-economic loss component - NEL B
$ 34,833.84
$ 34,833.84
$ -
Weekly
Death - dependent child - 17(5)
$ 148.23
$ 148.23
$ -
Incapacity - minimum earnings - 19(7)
$ 469.10
$ 469.10
$ -
Incapacity - prescribed person - 19(8)
$ 116.16
$ 116.16
$ -
Incapacity - dependent child - 19(9)
$ 58.04
$ 58.04
$ -
Maximum household services
$ 464.43
$ 464.43
$ -
Maxmium attendant care service
$ 464.43
$ 464.43
$ -
Redemption eligibility ceiling - 30(1)
$ 116.16
$ 116.16
$ -
Redemption eligibility ceiling - 137(1)
$ 116.16
$ 116.16
$ -
SRCA Table 2
Per kilometre
Specified rate per kilometre
$ 0.60
$ 0.60
$ -
SRCA Table 3
Weekly
150% AWOTEFA
$ 2,315.70
$ 2,351.85
$ 36.15
Effective date
N/A
22/02/2018
N/A
SRCA Table 4
Superannuation amount - CPI only
0.80%
0.80%
N/A
Superannuation amount - CPI PBLCI MTAWE
0.80%
0.80%
N/A
SRCA Table 5
Interest
Specified weekly interest on lump sums
2.37%
2.37%
N/A
SRCA Table 6
Indexation of normal weekly earnings (wage price index)
2.00%
2.00%
N/A
SRCA Supplement
Per fortnight
SRCA supplement
$ 6.20
$ 6.20
$ -
Defence Act payments
Lump Sums
Additional death benefit lump sum limit
$ 59,506.61
$ 59,506.61
$ -
Addition to maximum SRCA permanent impairment payment used to calculate severe injury adjustment
$ 79,409.41
$ 79,409.41
$ -
Dependent child benefit lump sum limit
$ 87,465.21
$ 87,465.21
$ -
Financial advice lump sum limit
$ 1,674.36
$ 1,674.36
$ -
BNT/BCOF Act
Per fortnight
Pharmaceutical supplement
$ 6.20
$ 6.20
$ -
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