Maximum Compensation FY 2014

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Explore:  Just Compensation Wages

For those with accidents occurring after July 1, 2013 through July 1, 2014, the maximum state average monthly wage is $5,290.70.   That figure comes from the Nevada Department of Employment, Training and Rehabilitation, Employment Security Division.   That figure is the maximum amount that can be used as an injured worker's average monthly wage if the injury occurs between that fiscal year. 

The benefits on that average monthly wage of $5,290.70 is 66 2/3, which comes out to be $814.58 per week (count each of the 7 days).  The amount that would be in a monthly benefit is $3,527.13.

If you make less than the state maximum, your average monthly wage will be based on your actual earnings for a period of either 12 weeks before your injury, or one year.  The adjuster must use the time period of earnings that will result in the highest average monthly wage for you.  

Even if you are not out of work and not entitled to lost time compensation benefits, if you think you will have a permanent, ratable impairment, you will want to make sure that your average monthly wage calculation is correct and as high as possible.  The average monthly wage is one of the three factors that determines how much money you will receive for an impairment when your case closes. (The other two factors are the percentage of impairment, and how old you are when you are rated for impairment.) 

You can have your average monthly wage corrected at any time before you accept the final permanent partial disability award in a lump sum.  If you think your average monthly wage on your claim is too low, be sure to schedule a free consultation to have an attorney review it for you.

Topics:  Just Compensation, Wages

Published In: Worker’s Compensation Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Virginia L. Hunt, Law Office of Virginia Hunt | Attorney Advertising

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