Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How is the amount my weekly workers compensation check computed?

compensation computed Workers
0
10 Posted

How is the amount my weekly workers compensation check computed?

0
10

If you receive weekly workers’ compensation benefit checks, you will immediately notice that the amount is significantly less than your normal gross weekly paycheck. That is the bad news. The good news is that there are no taxes on workers’ compensation benefits. Your weekly workers’ compensation benefit check will be roughly two-thirds of your normal weekly gross paycheck. The exact amount depends on your earnings history, your marital status, and whether you have dependent children. The general rule is that the insurance company should take your last thirteen full weeks of work, and average your weekly earnings for that time. If you had one or more “short” weeks during that thirteen-week period, the insurance company normally cannot use the short weeks to figure your weekly workers’ compensation rate. If the thirteen weeks include weeks that you worked overtime, you get credit for the overtime, but at the “straight time” rate. If you are receiving workers’ compensation benefits and d

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123