People injured at work are entitled to lost income under workers’ compensation.
These are the maximum weekly income rates:
For accidents occurring within these dates:
7/1/07 to 7/1/08 $500.00
7/1/08 to 7/1/09 $550.00
7/1/09 to 7/1/10 $600.00
7/1/10 to 7/1/11 $739.83
7/1/11 to 7/1/12 $772.96
For example, if your accident occurred on August 1, 2007, your maximum weekly income rate would be $500. If you accident occurred on July 10, 2010, your maximum weekly rate would $739.83.
Unfortunately, the weekly rate does not increase during the worker’s life. In other words, a person receiving $500 per week based on an August 1, 2007, accident would receive the same rate today as well as the future.
The rates effective July 1, 2012, have not been set by the Workers’ Compensation Board. The rates are based on the weekly average wage of New Yorkers.
Sadly, there has been no similar increase in lost income for no fault and state mandated disability. In an automobile accident, the no fault income rate has been fixed at the lower of either $2,000 per month or 80% of the person’s monthly wages. On the disability side, New York State disability is still set at the shockingly low rate of $170 per week.
Ironically, the workers’ compensation rates were changed to keep-up with no fault. The compensation rates had lagged behind no fault’s rates, and working men and women could not survive on the low weekly wage of $400 per week under the old law. Now, the compensation rate exceeds no fault. We look to the legislature to correct this inequality of lost income for victims of accidents.
If you have been injured in an on-the-job accident, please feel free to call me for a free consultation at 800-581-1434 or write to firstname.lastname@example.org.
Mark E. Seitelman, 8/23/12, www.seitelman.com.
I would like to acknowledge our workers’ compensation counsel for providing this information. Thank you, Robert Bergman of Fogelgaren, Forman & Bergman of New York City.