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SC WCC Posts 2012 Maximum Weekly Compensation Rate

December 28, 2011 - WorkCompWire

South Carolina – At the Business Meeting on December 19, 2011, the Commission approved the maximum weekly compensation rate at $725.47 for injuries arising on and after January 1, 2012. The South Carolina Department of Employment and Workforce certified the average weekly wage July 1, 2010 through June 30, 2011.

As provided in Title 42 of the SC Code of Laws, 1976 the maximum weekly compensation rate equals 66⅔% of an individual’s average weekly wage, not to exceed the average weekly wage in this State for the preceding fiscal year as determined by the South Carolina Department of Employment and Workforce.

Source: SC WCC

Filed Under: Claims, Legal, & Compliance News, Legislative & Regulatory News, Top Stories, Work Force & Human Resource News, Workers' Compensation

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