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Workers’ Compensation Weekly Benefit Rates Set For 10/1/2008 – 9/30/2009

26 Sep, 2008 WorkersCompensation.com

                               

Austin, TX (CompNewsNetwork) - In accordance with Sections 408.047 and 207.002 of the Texas Labor Code, the workers' compensation state average weekly wage for Fiscal Year 2009 is set at $750 and is effective for dates of injury from October 1, 2008 through September 30, 2009.

Under House Bill 7, passed by the 79th Legislature, the workers' compensation state average weekly wage for Fiscal Year 2008 is equal to 88 percent of the average weekly wage in covered employment as computed by the Texas Workforce Commission (TWC). The workers' compensation state average weekly wage for Fiscal Year 2008 was $712.

The workers' compensation state average weekly wage is used to calculate maximum and minimum weekly workers' compensation benefit amounts. A table showing maximum and minimum weekly benefit amounts for injuries that occurred on or after January 1, 1991 is available on the Texas Department of Insurance website at http://www.tdi.state.tx.us/ wc/employee/maxminbens.html.

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