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Calculate Long Service Leave Victoria . The long service leave act 2018 (vic) (act) which received royal assent on 15 may 2018, will repeal and replace the long service leave act 1992 (vic) (1992 act) and impact on the entitlements of all employees in victoria, unless. The 2008 model (accessible only to agencies internal to the vps network) uses a single weighted average discount rate, whilst the 2004 model uses the 12 year discount series from the. Provision Long Service Leave Calculation Spreadsheet Spreadsheet from db-excel.com To calculate payment, use the weekly pay earned from working normal weekly hours at ordinary time rate of pay. There are a number of factors that you should consider when determining the meaning of ‘continuous employment’, such as certain periods of unpaid leave. Payroll office, union or legal advisor).