South Carolina Application For Lump Sum Award
Description
How to fill out South Carolina Application For Lump Sum Award?
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FAQ
Do I need a Workers' Compensation Insurance? As a general rule, businesses that regularly employ four or more employees within South Carolina are required to maintain workers' compensation coverage. Part-time workers and family members are counted as employees.
Estimated employer rates for workers' compensation in South Carolina are $1.60 per $100 in covered payroll. Your cost is based on a number of factors, including: Payroll. Location.
2023 Maximum Weekly Compensation Rate The South Carolina Department of Employment and Workforce has certified the average weekly wage in South Carolina for the period July 1, 2021 through June 30, 2022. For accidents occurring on or after January 1, 2023 the maximum weekly compensation rate shall be $1,035.78.
If you are entitled to temporary total compensation you will receive 66 2/3% of your average weekly wages based on the four quarters prior to your injury but no more than the maximum average weekly wage determined yearly by the South Carolina Department of Employment and Workforce.
South Carolina requires employers with at least four employees to have workers' compensation insurance. However, there are few exceptions, including: Casual employees, who don't work regular hours and only when it's needed. Employers with less than $3,000 in annual payroll in the previous year.
How to File for Workers' Compensation in South Carolina Step #1 ? Report All Injuries Immediately to Your Employer. Step #2: Ask Your Employer to Cover Your Medical Treatment and File a Workers' Comp Claim. Step #3: Consider Filing a Claim or Requesting a Hearing with the South Carolina Workers' Compensation Committee.