Commonwealth Consolidated Acts

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SAFETY, REHABILITATION AND COMPENSATION ACT 1988 - SECT 134

Reduction of compensation on reaching 65

             (1)  When a former employee to whom section 131, 132 or 132A applies reaches 65, the amount of compensation payable per week to the former employee but for this section shall be reduced by an amount calculated under the formula:

                  

where:

"A " is the age of the former employee, expressed in completed years, as at the commencing day; and

"C " is that amount of compensation payable per week to the former employee.

             (2)  Neither section 8 nor section 13 applies to the amount of compensation payable to an employee from time to time in accordance with subsection (1).



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