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COMPROMISE & RELEASE
#1
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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#2
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.
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.
 
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#3
(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
 
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#4
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.
 
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