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In Virginia, on July 1, 2014 new workers' compensation rates go into effect. For accidents on or after that date the maximum rate of compensation has risen to $967.00 per week. The prior rate was $945.00 per week. In Virginia when one has a work accident, the compensation rate is normally two thirds (66 2/3) of one's salary. However, this is limited by the maximum rate. So, if one was making $1,500.00 per week, your compensation rate is not $1,000.00 per week; rather as of July 1, 2014 it will be $967.00 per week.
FOR MORE INFORMATION: contact Jerry Lutkenhaus (804) 358-4766 or visit our website at Virginia Workers' Compensation Lawyer