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#Cents per kilometre 2015 how to

Indexation increase rates for normal weekly earnings Table 5: The annual interest rate, its date of effect and the notice Date of effect See section 21(5) of the Safety, Rehabilitation and Compensation Act 1988 (SRC Act) for more information. It comes into effect on 1 July each year.

The annual interest rate is set by legislative instrument and applies for 12 months. Specified rate of weekly interest on lump sum superannuation amountsĪ specified rate on superannuation lump sums applies to the calculation of weekly incapacity compensation under sections 21 and 21A of the SRC Act. Table 4: The twice-a-year (biannual) indexation percentage and the date of effect Date of effect See section 20(3) of the Safety, Rehabilitation and Compensation Act 1988 (SRC Act) for more information. The CPI adjustment is then applied to superannuation pensions in January and July. The Commonwealth Superannuation Corporation reviews the employer-financed portion of the Commonwealth superannuation scheme pensions twice a year in line with movements in the CPI. The government portion of superannuation pensions paid under the Commonwealth superannuation schemes are indexed by the Consumer Price Index (CPI). Table 3: The twice-a-year (biannual) 150 per cent AWOTEFA amount and the date of effect Date of effect This limit is set at 150 per cent of the 'Average Weekly Ordinary Time Earnings of Full-time Adults' (AWOTEFA) – an amount published by the Australian Statistician.įor more information about maximum weekly earnings refer to the Incapacity payment provisions digital learning. No 3 of 2000 Gazette, GN 44, 8/11/00, p 3079Īn upper limit on weekly incapacity compensation payments after the first 45 weeks of incapacity is set under section 19(5) of the Safety, Rehabilitation and Compensation Act 1988 (SRC Act). Table 2: The specified rate per kilometre, the date of effect and the notice Date

#Cents per kilometre 2015 how to

See Travel costs for eligibility information and how to make a claim for travel for medical treatment by private motor vehicle. The specified rate per kilometre is set by legislative instrument under section 16(6) of the Safety, Rehabilitation and Compensation Act 1988 (SRC Act). See Your recovery and support for eligibility information and how to make a claim for benefits. 1988 to 1990 Statutory Benefits Rates under the SRC Act (PDF, 20.7 KB)Ĭontact us if you would like rates for earlier periods.1991 to 2000 Statutory Benefits Rates under the SRC Act (PDF, 32.5 KB).2001 to 2009 Statutory Benefits Rates under the SRC Act (PDF, 35.7 KB).2010 to 2020 Statutory Benefits Rates under the SRC Act (PDF, 124.6 KB).2021 Statutory Benefits Rates under the SRC Act (PDF, 116.4 KB).

See section 13 of the Safety, Rehabilitation and Compensation Act 1988 (SRC Act) for indexation information.

Death compensation entitlements are indexed annually to the Wage Price Index (WPI).

Defined compensation benefits are indexed to the Consumer Price Index (CPI).

Definitions are included in section 4(1) of the SRC Act. Statutory amounts payable for household services and attendant care services do not apply to catastrophic injuries. Redemption – eligibility ceiling (per week) Incapacity – prescribed person (per week) Statutory amounts indexed according to section 13 of the SRC Act Statutory amounts indexed according to section 13A of the SRC Actĭeath lump sum – persons wholly dependentĭeath lump sum – persons partly dependent Table 1: Statutory rates payable for benefits from 1 July 2022 Subsection of SRC Act Table 1 lists the statutory rates payable for a range of benefits and the relevant indexation factor, effective from 1 July each year.