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Important Benefit Changes

 State: NY

 

SWCB Announces Changes in Benefits

 

The New York State Workers' Compensation Board on Tuesday announced changes to the minimum and maximum weekly benefits based on legislation passed in 2007 and earlier this year.

 

SWCB Chairman Robert Beloten said the minimum weekly benefit for injured workers will increase from $100 to $150 on May 1. The increase was included in the 2013-2014 state budget proposed by New York Gov. Andrew Cuomo and approved by state lawmakers in March.

 

Effective July 1, the maximum weekly benefit will increase to $803.21. A series of reforms signed into law by former Gov. Eliot Spitzer in 2007 phased in increases to the maximum weekly benefit and indexed it to the state average weekly wage in July 2010. Beloten said the New York State Labor Department has determined that the statewide average weekly wage for 2012 was $1,204.81 – up by 1.4% from 2011.

 

State law sets the maximum weekly workers' compensation benefit at two-thirds of the statewide average weekly wage and increased it to $803.21 for injuries or disabilities occurring between July 1, 2013, and June 30, 2014.

 

The announcement is here.

 

Source: SWCB

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