2008 Long Service Leave Model
The 2008 Long Service Leave Model and associated user documentation are intended for use by departments and agencies internal to the Victorian Public Service network only.
2008 Long Service Leave Model (accessible only to agencies internal to the Victorian Public Service network).
2004 Long Service Leave Model
To assist departments and agencies with their Long Service Leave calculations, DTF developed two models in 2004 which have been used in calculating LSL entitlements since 30 June 2004. DTF will continue to issue a 12 year discount rate required by the 2004 Model until 1 July 2009. After this time, DTF will refer to the Reserve Bank of Australia website to departments and agencies which require this 12 year data series.
2004 Model 1: To be used to calculate LSL for employees vesting LSL after seven years continuous service:
Long Service Leave Model 1 (89 kb Excel)
2004 Model 2: To be used to calculate LSL for employees vesting LSL after ten years continuous service (expected to apply to Executive Officers and some VPS staff not under the Agreement):
Long Service Leave Model 2 (87 kb Excel)
Wage Inflation and Discount Rates
Please note that the 12 year discount series from the Reserve Bank of Australia is required for the 2004 Model, whilst a single weighted average discount rate is required by the 2008 Model. The single weighted average discount rate for use with the 2008 Model will be issued on 1 July 2008 and every quarter thereafter.
30 September 2009 (64 kb Word)
30 June 2009 (64 kb Word)
31 May 2009 (59 kb Word)
31 March 2009 (59 kb Word)
31 December 2008 (58 kb Word)
30 September 2008 (49 kb Word)
30 June 2008 (27 kb PDF)
31 May 2008 (27 kb PDF)
31 March 2008 (20 kb PDF)
31 December 2007 (45 kb Word)
30 September 2007 (45 kb Word)
20 June 2007 (32 kb PDF)
31 May 2007 (32 kb PDF)
