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Quick Hits: N.J. Maximum and Minimum Compensation Rates  

06 Dec, 2023 Frank Ferreri

                               

West Orange, NJ (WorkersCompensation.com) -- Looking for the lowdown on New Jersey rates for 2024? Here they are.

Update for 2024

Effective Dates: Jan. 1, 2024, through Dec. 31, 2024
Statewide average weekly wage: $1,507.76
Maximum: $1,131.00 (75% SAWW)
Minimum: $302.00 (20% SAWW) $35.00 for Permanent Partial Disability

Here's how that compares to 2023:

Effective Dates: Jan 1, 2023, through Dec. 31, 2023
SAWW: $1,465.18
Maximum: $1,099.00 (75% SAWW)
Minimum: $293.00 (20% SAWW) $35.00 for PPD

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    About The Author

    • Frank Ferreri

      Frank Ferreri, M.A., J.D. covers workers' compensation legal issues. He has published books, articles, and other material on multiple areas of employment, insurance, and disability law. Frank received his master's degree from the University of South Florida and juris doctor from the University of Florida Levin College of Law. Frank encourages everyone to consider helping out the Kind Souls Foundation and Kids' Chance of America.

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