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New Hampshire Bumps Weekly Workers’ Comp Rates

June 27, 2011 - WorkCompWire

The maximum weekly compensation rate under the New Hampshire Workers’ Compensation Law will increase from one thousand two hundred seventy-six dollars and fifty cents ($1,276.50) to onethousand three hundred seventeen dollars ($1,317.00) effective July 1, 2011. In order for an injured employee to receive the maximum benefit, the employee must have an average weekly wage as determined by RSA 281-A: 15, in the amount of $2,195.00 or more.

The minimum weekly compensation rate under the New Hampshire Workers’ Compensation Law will increase from two hundred fifty-five dollars and thirty cents ($255.30) to two hundred sixty-three dollars and forty cents ($263.40) effective July 1, 2011. Minimum weekly compensation is 30% of the State’s Average Weekly Wage for injuries after 2/8/94.

* If an employee’s average weekly wage as calculated on Form No. 76WCA, is $263.40 or less, the weekly compensation shall be the full amount of the employee’s average weekly wage, but in no event shall the weekly compensation rate exceed 90% of the employee’s after tax earnings.

* If an employee’s average weekly wage is greater than $263.40 but less than $2,195.00, weekly compensation shall be 60% of the employee’s average weekly wage or $263.40 whichever is greater. In no event, however, shall the weekly compensation rate exceed 1.0.0.% of the employee’s after tax earnings.

These changes are in accordance with RSA 281-A: 28. The increases are based upon information from the Department of Employment Security, which establishes the State’s Average Weekly Wage. For calendar year 2010, the State’s Average Weekly Wage figure is: eight hundred seventy eight dollars ($878.00).

Source: NH DOL

Filed Under: Claims, Legal, & Compliance News, Legislative & Regulatory News, Top Stories - Recent, WCW Inner Page Featured - Recent, Workers' Compensation

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