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$1,496.2241$46,382.8971$91,269.56
12$2,992.4442$47,879.1172$92,765.78
13$4,488.6743$49,375.3373$94,262.00
14$5,984.8944$50,871.5674$95,758.22
15$7,481.1145$52,367.7875$97,254.44
16$8,977.3346$53,864.0076$98,750.67
17$10,473.5647$55,360.2277$100,246.89
18$11,969.7848$56,856.4478$101,743.11
19$13,466.0049$58,352.6779$103,239.33
20$14,962.2250$59,848.8980$104,735.56
21$16,458.4451$61,345.1181$106,231.78
22$17,954.6752$62,841.3382$107,728.00
23$19,450.8953$64,337.5683$109,224.22
24$20,947.1154$65,833.7884$110,720.44
25$22,443.3355$67,330.0085$112,216.67
26$23,939.5656$68,826.2286$113,712.89
27$25,435.7857$70,322.4487$115,209.11
28$26,932.0058$71,818.6788$116,705.33
29$28,428.2259$73,314.8989$118,201.56
30$29,924.4460$74,811.1190$119,697.78
31$31,420.6761$76,307.3391$121,194.00
32$32,916.8962$77,803.5692$122,690.22
33$34,413.1163$79,299.7893$124,186.44
34$35,909.3364$80,796.0094$125,682.67
35$37,405.5665$82,292.2295$127,178.89
36$38,901.7866$83,788.4496$128,675.11
37$40,398.0067$85,284.6797$130,171.33
38$41,894.2268$86,780.8998$131,667.56
39$43,390.4469$88,277.1199$133,163.78
40$44,886.6770$89,773.33100$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