The following changes to the existing Workers Compensation legislation came into effect on 16 October 2015 and apply retrospectively from 5 August 2015:
Increased lump sum compensation payment for Workers with at least 11% permanent impairment or at least 15% permanent impairment for psychological injuries.
Increased death benefit lump sum amount from $524,000 to $750,000.
Increased maximum for funeral expenses from up to $9,000 to up to $15,000.
Injured Workers are now entitled to up to 12 months of weekly payments of compensation after reaching retiring age, whether they lodged their Claim before or after 1 October 2012.
We will be identifying all Claims affected by the changes and will contact you if your entitlements have changed. You may also contact your Case Manager if you need information about the changes and how they may apply to you.
For more information on the benefit reforms visit http://insurancereforms.nsw.gov.au/