First and current law: 1976.
Type of program: Provident fund system (lump-sum benefits only).
Exchange rate: U.S.$1.00 equals 1.57 Australian dollars (A$).
Employed persons aged 14 and older earning at least A$10 a month.
Exclusion: Domestic servants.
Insured person: 5% of earnings.
Employer: 5% of payroll.
Government: None.
A$5 per person deducted annually from each provident fund account for death benefit program (except for persons who have left covered employment).
Old-age benefit: Age 50. (Payable at age 45 if actually retired from employment, with evidence of intention to retire permanently; at any age if emigrating permanently).
Disability grant: Physical or mental incapacity for work.
Survivor grant: Deceased was insured and had not withdrawn any part of the amount credited.
Old-age benefit: Lump sum equal to total employee and employer contributions, plus 9% accumulated interest.
Disability grant: Lump sum equal to total employee and employer contributions, plus 9% accumulated interest.
Survivor grant: Lump sum equal to total employee and employer contributions, plus 9% accumulated interest.
Payable to deceased's nominee.
Death benefit: A$1,000 maximum.
National Provident Fund Board, administration of program. Board membership consists of two representatives each from government, employers, and employees.
First and current law: 1949.
Type of program: Employer liability/compulsory insurance with private carrier.
Employed persons earning A$4,000 a year or less.
Exclusion: Casual employees.
Insured person: None.
Employer: Whole cost.
Work-injury benefits: No minimum qualifying period.
Occupational disease: Incapacity or death occurred during employment or within 12 months after the employment ended.
Temporary disability benefit: 50%-100% of earnings, inversely proportionate to level of earnings. Maximum, A$160 a month. Total payment not to exceed lump sum payable for permanent (total or partial) disability (see below). Payable after 3-day waiting period.
Permanent disability grant: Lump sum of 48 months' earnings or A$6,000, whichever is less. Minimum, A$500.
Constant-attendance supplement: 25% of grant.
Partial disability: Lump sum in proportion to degree of incapacity, according to schedule. Total payment not to exceed full benefit under permanent total disability.
Medical benefit: Medical and surgical care.
Survivor grant: Lump sum of 36 months' earnings or A$6,000, whichever is less. Minimum, A$400.
Funeral grant (if no survivors): Burial expenses up to A$30.
Department of Labor, enforcement of law.
Employers may insure liability with approved insurance companies.
Please note: This information is more than 10 years old.