Sunday, June 29, 2014
New Virginia Workers Compensation Rates
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