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WCRIB Announces Revised Pension Tables

Thursday, May 12, 2011 | 0

The Workers' Compensation Rating and Inspection Bureau of Massachusetts (WCRIB) announced that revised pension tables used for the unit statistical reporting of fatal and permanent total claims have been approved by state Insurance Commissioner Joseph Murphy.The revised tables will apply for claims evaluated on or after Sept. 1 and will replace the pension tables that took effect on Sept. 1, 2009. WCRIB said in a circular letter the pension tables reflect updated life-expectancy data, changes to the statewide average weekly wage and new Consumer Price Index data.The bureau said an electron...

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