You’re probably just here to download the latest workers’ compensation case about the Cost of Living Adjustment and State Average Weekly Wage increases. 12 I’m not going to hold you in suspense – here’s the download link:[Download not found]
Obviously, you need to read the entire decision for yourself. Here’s my oversimplification of the case:
Whenever the injured worker is due life pension payments for injuries on or after 1/1/2003, you calculate those benefits, whenever they are due, by increasing them according to the yearly increases in the state average weekly wage starting on 1/1/2004.
If some of this seems familiar, its because this is the same case as XYZZXSJO2 which came out back in February 2009. I had suggested back in February that the effect of the COLA increases on life pension payments today would be to increase them some 44% or so.
Still having trouble understanding the impact of this case? Well, you could try my XYZZXSJO2 calculator to tell you what the life pension rate should be during a given year. (Remember, this just tells you the rate – it is not a commutation calculator. These are still in the works).
What are your thoughts on Duncan v. WCAB?