Impairment payments for accidents prior to 16 December 2004

  • The TAC will automatically index impairment benefits at the beginning of each financial year in accordance with the formula as stipulated in the Transport Accident Act (1986) .
  • Increases to impairment annuity benefit and the lump sum are in line with the Consumer Price Index (CPI) of Melbourne.
  • Minors additional benefits are increased in line with Victorian Average Weekly Earnings (AWE).

The figures below are as of 1 July 2023

Annuity figure $302,580      Minors benefit $217

Section 47 lump sum benefit for accidents before 16 December 2004
%$%$%$
11$1,441.2241$44,677.8971$87,914.56
12$2,882.4442$46,119.1172$89,355.78
13$4,323.6743$47,560.3373$90,797.00
14$5,764.8944$49,001.5674$92,238.22
15$7,206.1145$50,442.7875$93,679.44
16$8,647.3346$51,884.0076$95,120.67
17$10,088.5647$53,325.2277$96,561.89
18$11,529.7848$54,766.4478$98,003.11
19$12,971.0049$56,207.6779$99,444.33
20$14,412.2250$57,648.8980$100,885.56
21$15,853.4451$59,090.1181$102,326.78
22$17,294.6752$60,531.3382$103,768.00
23$18,735.8953$61,972.5683$105,209.22
24$20,177.1154$63,413.7884$106,650.44
25$21,618.3355$64,855.0085$108,091.67
26$23,059.5656$66,296.2286$109,532.89
27$24,500.7857$67,737.4487$110,974.11
28$25,942.0058$69,178.6788$112,415.33
29$27,383.2259$70,619.8989$113,856.56
30$28,824.4460$72,061.1190$115,297.78
31$30,265.6761$73,502.3391$116,739.00
32$31,706.8962$74,943.5692$118,180.22
33$33,148.1163$76,384.7893$119,621.44
34$34,589.3364$77,826.0094$121,062.67
35$36,030.5665$79,267.2295$122,503.89
36$37,471.7866$80,708.4496$123,945.11
37$38,913.0067$82,149.6797$125,386.33
38$40,354.2268$83,590.8998$126,827.56
39$41,795.4469$85,032.1199$128,268.78
40$43,236.6770$86,473.33100$129,710.00

Summary tables

Indexed benefits as from 1 July 2023

Impairment rating

Impairment benefit

11%

$1,441.22

20%

$14,412.22

30%

$28,8224.44

40%

$43,236.67

50%

$57,648.89

60%

$72,061.11

70%

$86,473.33

80%

$100,885.56

90%

$115,297.78

100%

$129,710

Indexed benefits as from 1 July 2022

Impairment rating

Impairment benefit

11%

$1,334.56

20%

$13,345.56

30%

$26,691.11

40%

$40,036.67

50%

$53,382.22

60%

$66,727.78

70%

$80,073.33

80%

$93.418.89

90%

$106,764.44

100%

$120,110

Indexed benefits as from 1 July 2021

Impairment rating

Impairment benefit

11%

$1,301.56

20%

$13,015.56

30%

$26,031.11

40%

$39,046.67

50%

$52,062.22

60%

$65,077.78

70%

$78,093.33

80%

$91,108.89

90%

$104,124.44

100%

$117,140