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Maximum Benefit Rate Increasing 3.9%

Thursday, December 14, 2017 | 0

The South Carolina Workers’ Compensation Commission has approved a maximum weekly workers’ compensation benefit rate of $838.21 effective Jan. 1, a 3.9% increase over the current-year rate.  Under state law, the maximum compensation rate is set each year at 100% of the statewide average weekly wage. The commission said the Department of Employment and Workforce certified South Carolina’s average weekly wage from July 1, 2016, to June 30, 2016, as $838.21. That is up from $806.92 in the current year.  The commission approved the increase in the maximum rate during ...

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