6.2.3.7 Compensation tables - amounts payable
The amount of compensation for impairment benefits is calculated by applying the assessed percentage of impairment to a mathematical formula. The mathematical formulas are set out in the legislation and the indexation may vary based on the worker’s date of injury or the relevant date for assessment of entitlement.
See the compensation tables for the actual amounts of compensation payable for different dates of injury and differing levels of impairment or total loss.
Physical impairment
See: Compensation table for physical impairment | Compensation table for modified Chapter 3 impairment | Compensation table for Chapter 3 SPINE impairment | Compensation table for hearing loss
Psychiatric impairment
See: Compensation table for psychiatric impairment
Total loss injuries
See: No disadvantage compensation table
Statutory maximum compensation
See: Maximum amounts for more than one injury
For details about using these tables – see: Determine & calculate IB entitlement
Maximum impairment benefits
The maximum impairment benefit payable for injuries sustained on the same occasion is $741,000 (indexed annually).
Maximum no disadvantage benefits
The maximum no disadvantage benefit for total loss injuries sustained on the same occasion is set at $365,110 (indexed annually).