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
% | $ | % | $ | % | $ |
---|---|---|---|---|---|
11 | $1,441.22 | 41 | $44,677.89 | 71 | $87,914.56 |
12 | $2,882.44 | 42 | $46,119.11 | 72 | $89,355.78 |
13 | $4,323.67 | 43 | $47,560.33 | 73 | $90,797.00 |
14 | $5,764.89 | 44 | $49,001.56 | 74 | $92,238.22 |
15 | $7,206.11 | 45 | $50,442.78 | 75 | $93,679.44 |
16 | $8,647.33 | 46 | $51,884.00 | 76 | $95,120.67 |
17 | $10,088.56 | 47 | $53,325.22 | 77 | $96,561.89 |
18 | $11,529.78 | 48 | $54,766.44 | 78 | $98,003.11 |
19 | $12,971.00 | 49 | $56,207.67 | 79 | $99,444.33 |
20 | $14,412.22 | 50 | $57,648.89 | 80 | $100,885.56 |
21 | $15,853.44 | 51 | $59,090.11 | 81 | $102,326.78 |
22 | $17,294.67 | 52 | $60,531.33 | 82 | $103,768.00 |
23 | $18,735.89 | 53 | $61,972.56 | 83 | $105,209.22 |
24 | $20,177.11 | 54 | $63,413.78 | 84 | $106,650.44 |
25 | $21,618.33 | 55 | $64,855.00 | 85 | $108,091.67 |
26 | $23,059.56 | 56 | $66,296.22 | 86 | $109,532.89 |
27 | $24,500.78 | 57 | $67,737.44 | 87 | $110,974.11 |
28 | $25,942.00 | 58 | $69,178.67 | 88 | $112,415.33 |
29 | $27,383.22 | 59 | $70,619.89 | 89 | $113,856.56 |
30 | $28,824.44 | 60 | $72,061.11 | 90 | $115,297.78 |
31 | $30,265.67 | 61 | $73,502.33 | 91 | $116,739.00 |
32 | $31,706.89 | 62 | $74,943.56 | 92 | $118,180.22 |
33 | $33,148.11 | 63 | $76,384.78 | 93 | $119,621.44 |
34 | $34,589.33 | 64 | $77,826.00 | 94 | $121,062.67 |
35 | $36,030.56 | 65 | $79,267.22 | 95 | $122,503.89 |
36 | $37,471.78 | 66 | $80,708.44 | 96 | $123,945.11 |
37 | $38,913.00 | 67 | $82,149.67 | 97 | $125,386.33 |
38 | $40,354.22 | 68 | $83,590.89 | 98 | $126,827.56 |
39 | $41,795.44 | 69 | $85,032.11 | 99 | $128,268.78 |
40 | $43,236.67 | 70 | $86,473.33 | 100 | $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 |