New Jersey Compensation Agreement
Description
How to fill out Compensation Agreement?
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FAQ
These weekly benefits are provided initially for a period of 450 weeks. Benefits continue beyond the initial 450 weeks provided that the injured worker is able to show that he or she remains totally disabled.
Temporary total benefits are paid at a rate of 70% of the injured worker's average weekly wage. The maximum rate is 75% of the state average weekly wage. The minimum is 20% of the SAWW.
The average workers' comp settlement amount is approximately $22,535.62. The compensation rate is typically equal to 2/3 (66.67%) of your weekly wages during the injured period. However, each case is unique and will vary based on the severity of injuries wages, and other factors.
Steps in Filing a New Jersey Workers' Compensation Claim Get medical treatment. ... Tell the doctor about your injury and follow your doctor's orders. ... Report your injury. ... Check on the status of your claim. ... Start receiving benefits ? or get legal help. ... File for an informal hearing or file a formal claim. ... Appeal your case.
For a total disability where you can't return to work, you receive 70% of the weekly wages you earned at the time of injury. The weekly salary is subject to a maximum of compensation of 75% of the New Jersey's statewide average weekly wages and a minimum of 20%.
Within 26 weeks after the worker has reached maximum medical improvement or has returned to work, the insurance carrier or TPA must electronically file a second report, called a Subsequent Report of Injury, with the state.
The simple formula for calculating a weekly workers' compensation temporary disability payment is to take your average weekly wage and multiply it by 70 percent (AWW x 70% = weekly wage replacement amount). There are, however, exceptions to this formula, and maximum and minimum thresholds for this pay as well.
