Washington Settling your L&I Claim is an option for injured workers age 50 or older to receive compensation for work-related injuries. This option offers a one-time lump sum payment to the injured worker in exchange for a release of all future medical and wage benefits from the Washington State Department of Labor and Industries. The settlement amount is determined by a number of factors, including the nature of the injury, the severity of the injury, and the worker’s age. To be eligible for this option, injured workers must be at least 50 years old and must be able to prove that their injury was caused by their job. There are two types of settlement options available to injured workers. The first is known as a “Full and Final” settlement, which is a single lump sum payment in exchange for a release of all future medical and wage benefits. The second option is known as a “Structured Settlement”, which is a series of payments over a period of time in exchange for the release of all future medical and wage benefits. In either case, the injured worker is able to negotiate with the employer and the Department of Labor and Industries in order to reach an agreement that is acceptable to all parties. This is done through a process known as “mediation”, which is facilitated by a neutral third-party mediator. If an agreement is not reached, the claim may be referred to an administrative law judge for a decision. Washington Settling your L&I Claim is a viable option for those who are 50 or older and have experienced an injury that was caused by their job. It is important to note that any settlement amount agreed upon must be approved by the Department of Labor and Industries in order to be binding.