Oklahoma Compensation Committee

State:
Multi-State
Control #:
US-CC-24-211
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Compensation Committee document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

For Permanent Total Disability (PTD) and Death, the maximum rate is $953.18 per week for work-related injury, illness, or death occurring during the period beginning January 1, 2022 and ending December 31, 2022. 85A O.S. § 45(D) (PTD), and 85A O.S. § 47 (death benefits).

Upon the effective date of HB2367, the PPD limit was increased from $323 per week to $350 per week, and $360 per week effective July 1, 2021. wage of the deceased employee or 100% of the state's average weekly wage, whichever is less.

When you are injured on the job and you are unable to work for more than 7 calendar days, you are eligible for weekly benefits amounting to 70% of your average weekly wage, up to the maximum set by law. The maximum is equal to the state's average weekly wage.

Oklahoma. The maximum weekly benefit rate for TTD and PTD increased to $986.86. This rate is in effect for accidents occurring from January 1, 2023 to December 31, 2023. The maximum weekly benefit rate for PPD/PPI is $360 for accidents occurring from July 1, 2021 to December 31, 2023.

The law states that nearly every employer is required to carry workers' compensation coverage. In some circumstances, certain employees in Oklahoma may be exempt from workers' comp coverage, such as: Sole proprietors. Members of a limited liability company (LLC) who own at least 10% of the capital.

$11.3 million workers comp settlement for an injured nanny (California) In 2018, a 29-year-old woman working as a nanny in Los Angeles suffered a catastrophic brain injury while accompanying her employers on a ski trip in Colorado to take care of their five-year-old son.

The highest workers' comp rates by state jurisdiction are: Wyoming: $1.78. Alaska: $1.74. Hawaii: $1.69. Montana: $1.64. South Carolina: $1.55. Idaho: $1.47.

When you are injured on the job and you are unable to work for more than 7 calendar days, you are eligible for weekly benefits amounting to 70% of your average weekly wage, up to the maximum set by law. The maximum is equal to the state's average weekly wage.

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Oklahoma Compensation Committee