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06-18-2016, 07:02 PM
(This post was last modified: 06-18-2016, 07:07 PM by injured man.)
California question: If you settle via compromise and release and are entitled a life pension because your PD is over 70% do they include the life pension amount in the buyout??? Can they settle a life pension C&R.
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generally, yes.
you can compromise and release any single or group of benefits but generally the carrier wants to close it's claim and insists on a complete settlement.
Life Pension is a Permanent Disability benefit and when PD is part of the C&R the LP amount should be included.
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Posts: 19
Threads: 7
Joined: Feb 2016
(06-18-2016, 08:12 PM)1171 Wrote: generally, yes.
you can compromise and release any single or group of benefits but generally the carrier wants to close it's claim and insists on a complete settlement.
Life Pension is a Permanent Disability benefit and when PD is part of the C&R the LP amount should be included.
Thanks again 1171, thats great to know
Posts: 10,807
Threads: 97
Joined: Apr 2007
you're welcome.
be well.
Reminder :
........Each state has their own comp system; POST YOUR STATE to get accurate information. Use the search feature to find information from similar questions.
THANKS FOR POSTING.