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The phrase ?loss of future earnings? refers to the specific amount of income the plaintiff would have earned if he or she had been able to continue working. Suppose Marvin has been working in the same union job for thirty-five years before he was injured and expected to retire from that job after another two years.
The principle heads of future loss are for earnings, pension, accommodation, the cost of care and services and other future medical and transport aids. The court is also under a duty to consider whether a claim is suitable for a periodical payments award.
Calculating your loss of earnings This can be done by using payslips for the three months (or 13 weeks) before the accident to show what you were earning, and then to contrast this with what you actually received. The more complex the claim, the more evidence you will need.
Calculating Loss of Earnings Compensation In order to calculate the figure, the Court will need to consider various factors such as your pre-accident income, the amount of time you have been unable to work, and any future loss of income that you are likely to experience.