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Benefits Increase by 5.05% July 1

Tuesday, June 9, 2020 | 0

Maximum benefits will increase 5.05% on July 1 to match the rise in Colorado’s average weekly wage, which increased to $1,180.47 from $1,123.71. The Colorado Division of Workers’ Compensation announced the maximum compensation rate will increase to $1,074.22 from $1,022.56. The scheduled impairment rate, payable weekly, will increase to $337.11 from $320.90. The cap on benefits for body disfigurement will increase to $5,686.96 from $5,413.52, with the cap on payments for extensive facial or bodily scars, burn scars or the loss of limbs increasing to $11,371.92 from $10,825.13. T...

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