The Division of Workers’ Compensation posted to its online forum proposed changes to the Disability Evaluation Unit regulations.
Proposed changes would update tables used to convert future weekly permanent disability and life pension benefits to lump-sum amounts.
“The proposed changes update the commutation tables to reflect updated life tables, which offer a more accurate present value of lifetime benefits,” the division said in a statement. “As life expectancy has increased, it is estimated that this update will provide a general 5% increase of commutations for...
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