New Mexico Compensation Committee
Description
How to fill out Compensation Committee?
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FAQ
Workers' compensation provides workers with: Payment for medical care resulting from a work-related injury or illness. Payments for a worker who is permanently partially disabled once maximum medical improvement is reached. Payments for a worker who has a permanent impairment or is permanently totally disabled.
Compensation is 66 2/3 percent of the injured New Mexico workers wage; Minimum weekly payment is $36 or the workers' actual wage if it is less; Maximum weekly payment is 100 percent of the New Mexico state average weekly wage or $669.21; and.
The fee for the employer is $2.30 times the number of covered employees working on the last day of the quarter. The fee for covered employees working on the last day of the quarter is $2.00. Payment is due by the last day of the month following the end of the quarter.
The TTD amount is paid at the full compensation rate, which is two-thirds the worker's average weekly wage, based on wages for the 26 weeks prior to the accident.
Lost time benefits are generally paid every 14 days. The first 7 days missed from work is considered to be a waiting period and is not paid unless a full 28 days are missed from work.
