Impairment payments accordions
Impairment payments for accidents on or after 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 the lump sum are in line with the Consumer Price Index (CPI) of Melbourne.
The figures below are as of 1 July 2024.
Minors benefit $228
| % | $ | % | $ | % | $ |
|---|---|---|---|---|---|
| 11 | $9,350 | 41 | $78,760 | 71 | $169,700 |
| 12 | $11,080 | 42 | $81,300 | 72 | $173,110 |
| 13 | $12,810 | 43 | $83,840 | 73 | $176,520 |
| 14 | $14,540 | 44 | $86,380 | 74 | $179,930 |
| 15 | $16,270 | 45 | $88,920 | 75 | $183,340 |
| 16 | $18,000 | 46 | $91,460 | 76 | $186,750 |
| 17 | $19,730 | 47 | $94,000 | 77 | $190,160 |
| 18 | $21,460 | 48 | $96,540 | 78 | $193,570 |
| 19 | $23,190 | 49 | $99,080 | 79 | $196,980 |
| 20 | $25,420 | 50 | $102,140 | 80 | $203,400 |
| 21 | $27,960 | 51 | $105,100 | 81 | $210,150 |
| 22 | $30,500 | 52 | $108,060 | 82 | $216,900 |
| 23 | $33,040 | 53 | $111,020 | 83 | $223,650 |
| 24 | $35,580 | 54 | $113,980 | 84 | $230,400 |
| 25 | $38,120 | 55 | $116,940 | 85 | $237,150 |
| 26 | $40,660 | 56 | $119,900 | 86 | $243,900 |
| 27 | $43,200 | 57 | $122,860 | 87 | $250,650 |
| 28 | $45,740 | 58 | $125,820 | 88 | $257,400 |
| 29 | $48,280 | 59 | $128,780 | 89 | $264,150 |
| 30 | $50,820 | 60 | $132,190 | 90 | $277,990 |
| 31 | $53,360 | 61 | $135,600 | 91 | $291,560 |
| 32 | $55,900 | 62 | $139,010 | 92 | $305,130 |
| 33 | $58,440 | 63 | $142,420 | 93 | $318,700 |
| 34 | $60,980 | 64 | $145,830 | 94 | $332,270 |
| 35 | $63,520 | 65 | $149,240 | 95 | $345,840 |
| 36 | $66,060 | 66 | $152,650 | 96 | $359,410 |
| 37 | $68,600 | 67 | $156,060 | 97 | $372,980 |
| 38 | $71,140 | 68 | $159,470 | 98 | $386,550 |
| 39 | $73,680 | 69 | $162,880 | 99 | $400,120 |
| 40 | $76,220 | 70 | $166,290 | 100 | $427,160 |
Summary tables
Indexed benefits as from 1 July 2024
Impairment rating | Impairment benefit |
|---|---|
| 10% or less | $0 |
11% - 19% | $7,620 + ((D-10) x $1,730) |
20% - 49% | $25,420 + ((D-20) x $2,540) |
50% - 59% | $102,140 + ((D-50) x $2,960) |
60% - 79% | $132,190 + ((D-60) x $3,410) |
80% - 89% | $203,400 + ((D-80) x $6,750) |
90% - 99% | $277,990 + ((D-90) x $13,570) |
100% | $427,160 |
Where 'D' is the degree of impairment expressed as a percentage.
Indexed benefits as from 1 July 2023
Impairment rating | Impairment benefit |
|---|---|
| 10% or less | $0 |
11% - 19% | $7,340 + ((D-10) x $1,670) |
20% - 49% | $24,490 + ((D-20) x $2,440) |
50% - 59% | $98,390 + ((D-50) x $2,850) |
60% - 79% | $127,330 + ((D-60) x $3,280) |
80% - 89% | $195,930 + ((D-80) x $6,500) |
90% - 99% | $267,780 + ((D-90) x $13,070) |
100% | $411,470 |
Where 'D' is the degree of impairment expressed as a percentage.
Indexed benefits as from 1 July 2022
Impairment rating | Impairment benefit |
|---|---|
| 10% or less | $0 |
11% - 19% | $6,800 + ((D-10) x $1,550) |
20% - 49% | $22,680 + ((D-20) x $2,260) |
50% - 59% | $91,110 + ((D-50) x $2,640) |
60% - 79% | $117,910 + ((D-60) x $3,040) |
80% - 89% | $181,430 + ((D-80) x $6,020) |
90% - 99% | $247,970 + ((D-90) x $12,100) |
100% | $381,030 |
Where 'D' is the degree of impairment expressed as a percentage.
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 2024
Annuity figure $314,120 Minors benefit $228
| % | $ | % | $ | % | $ |
|---|---|---|---|---|---|
| 11 | $1,496.22 | 41 | $46,382.89 | 71 | $91,269.56 |
| 12 | $2,992.44 | 42 | $47,879.11 | 72 | $92,765.78 |
| 13 | $4,488.67 | 43 | $49,375.33 | 73 | $94,262.00 |
| 14 | $5,984.89 | 44 | $50,871.56 | 74 | $95,758.22 |
| 15 | $7,481.11 | 45 | $52,367.78 | 75 | $97,254.44 |
| 16 | $8,977.33 | 46 | $53,864.00 | 76 | $98,750.67 |
| 17 | $10,473.56 | 47 | $55,360.22 | 77 | $100,246.89 |
| 18 | $11,969.78 | 48 | $56,856.44 | 78 | $101,743.11 |
| 19 | $13,466.00 | 49 | $58,352.67 | 79 | $103,239.33 |
| 20 | $14,962.22 | 50 | $59,848.89 | 80 | $104,735.56 |
| 21 | $16,458.44 | 51 | $61,345.11 | 81 | $106,231.78 |
| 22 | $17,954.67 | 52 | $62,841.33 | 82 | $107,728.00 |
| 23 | $19,450.89 | 53 | $64,337.56 | 83 | $109,224.22 |
| 24 | $20,947.11 | 54 | $65,833.78 | 84 | $110,720.44 |
| 25 | $22,443.33 | 55 | $67,330.00 | 85 | $112,216.67 |
| 26 | $23,939.56 | 56 | $68,826.22 | 86 | $113,712.89 |
| 27 | $25,435.78 | 57 | $70,322.44 | 87 | $115,209.11 |
| 28 | $26,932.00 | 58 | $71,818.67 | 88 | $116,705.33 |
| 29 | $28,428.22 | 59 | $73,314.89 | 89 | $118,201.56 |
| 30 | $29,924.44 | 60 | $74,811.11 | 90 | $119,697.78 |
| 31 | $31,420.67 | 61 | $76,307.33 | 91 | $121,194.00 |
| 32 | $32,916.89 | 62 | $77,803.56 | 92 | $122,690.22 |
| 33 | $34,413.11 | 63 | $79,299.78 | 93 | $124,186.44 |
| 34 | $35,909.33 | 64 | $80,796.00 | 94 | $125,682.67 |
| 35 | $37,405.56 | 65 | $82,292.22 | 95 | $127,178.89 |
| 36 | $38,901.78 | 66 | $83,788.44 | 96 | $128,675.11 |
| 37 | $40,398.00 | 67 | $85,284.67 | 97 | $130,171.33 |
| 38 | $41,894.22 | 68 | $86,780.89 | 98 | $131,667.56 |
| 39 | $43,390.44 | 69 | $88,277.11 | 99 | $133,163.78 |
| 40 | $44,886.67 | 70 | $89,773.33 | 100 | $134,660.00 |
Summary tables
Indexed benefits as from 1 July 2024
Impairment rating | Impairment benefit |
11% | $1,496.22 |
20% | $14,962.22 |
30% | $29,924.44 |
40% | $44,886.67 |
50% | $59,848.89 |
60% | $74,811.11 |
70% | $89,773.33 |
80% | $104,735.56 |
90% | $119,697.78 |
100% | $134,660 |
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 |
