Notice: Passwords are now case-sensitive
Forgot your password? Register a new account

Connections

Groups

Community Requests

Oct 30 - Nov 1 Comp Laude® Awards and Gala Manchester Grand Hyatt San Diego
Register Now!

DIR Proposes Rules Change Long Sought by Deceased Claimants' Attorney

Friday, September 8, 2017 | 521 | 0 | 0 min read

The Nevada Division of Industrial Relations has scheduled a Sept. 25 hearing on a proposed regulation that would cut the interest rate used to calculate the present value of lump-sum permanent disability benefits, effectively increasing benefit payments to claimants. The legislation requires an annual adjustment to the actuarial annuity table used to calculate lump-sum payments for permanent disability benefits, and mandates that those be tied to the 30-year Treasury Constant Maturity Rate. Under that change, the interest rate used in the present-value calculation would be cut to 3.08% from 6...

Purchase this story for only $9.16!Add to Cart


For access to all of our articles, check out our subscription options.

Comments

Be the first to comment.

Related Articles