Bob Summers, director of the Colorado workers’ compensation agency released the maximum benefit guidelines for the 2009-2010 fiscal year. These guidelines are effective from July 1, 2009 through June 30, 2010.
Essentially, maximum workers’ compensation benefits mean the most you will receive in temporary total disability, temporary partial disability, permanent total disability, and/or death benefits in the event of an on-the-job injury.
The maximum benefit for these types of injuries is now set at a weekly rate of $807.24. The average weekly wage in Colorado is currently $887.10. Colorado workers’ compensation laws state that the maximum benefit shall be 91% of the state’s average weekly wage.
To qualify for maximum benefits, you must earn a minimum of $1210.86 per week.
Benefits are to be paid at a minimum of once every two weeks.
Other guidelines in the advisory released on June 16th include:
• Scheduled impairment rate – $254.06 weekly
• Bodily disfigurement – $4286.00 lump sum maximum and up to $8572 for extensive facial or body scars, burn scars or stumps resulting from a loss of limb
• Funeral and burial benefit – $7000 lump sum
Read the actual advisory posted by the Colorado workers’ compensation agency here.
Have you suffered an on-the-job injury and need representation to obtain the benefits you are entitled to? Contact on-the-job injury attorneys at the Babcock Law Firm today for a free, no obligation consultation!