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Senate Scheduled to Vote Thursday on COLA Bill

Wednesday, January 8, 2014 | 0

The New Jersey Senate is expected to take a final vote Thursday on legislation that would phase in cost-of-living benefit increases for all workers placed on total and permanent disability for injuries occurring after Dec. 31, 1979.Senate Bill 613, which the Senate approved by a preliminary vote of 26-1 on Dec. 19, would phase in the increases during a three-year period beginning on Jan. 1, 2015.The measure would increase the maximum weekly benefits to current levels and would provide annual adjustments going forward. The benefit for each worker would be increased to reflect the same ratio bet...

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