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Understanding the 2020 Workers’ Compensation Rates in New Jersey

2020 Workers’ Compensation Rates

When you decide to calculate permanent and disability benefit rates in the state of New Jersey, there are things you need to consider. These include gross wages percentage, the maximum weekly benefit rate, and the minimum weekly benefit rate. In 2020, the percentage of gross wages has remained constant, while the maximum and minimum weekly benefit rate has increased. If you sustain an injury while working, you are entitled to seeking assistance from a workers’ compensation attorney.
Your disability benefits will be determined using 70 percent of the gross wages. If you earn $2,000 per week, the disability benefits will be capped at $1,400. The 70 percent has been used in the state of New Jersey for a long time, and it is likely not changing this year.
Still, if you earn more than $1,350 in 2020, the disability benefits will increase from $921 to $945. Also, if you earn $360 and below, you will be entitled to get $252 in benefits. It shows an increase from last year’s minimum disability benefit rate.

Are You Eligible to Temporary or Permanent Disability Benefits If You Get Injured While Working?

According to New Jersey law, how will you understand that you are eligible for temporary or permanent disability benefits? You will not get the answer from your employer and the workers’ compensation insurance company. Also, they will not assist you if you don’t know your legal rights. While several employers have to pay workers’ compensation benefits as stated by the regulations, most employees will find collecting the benefits challenging even if they are eligible.
In the end, knowing whether you are eligible for temporary or permanent disability benefits is a process that you will have to take on alone or if you work with a professional New Jersey workers’ compensation lawyer. Generally, to qualify for permanent and temporary disability benefits, here are the conditions:
Temporary Disability Benefits: You might be entitled to these benefits if you can prove that you can’t work for seven days or more as a result of an injury caused while at work.
Permanent Total Disability Benefits: You might be entitled to these benefits if you can’t work in any job for 450 weeks or more because of an injury caused while at work
According to New Jersey Law, there will be payment of permanent partial disability benefits in situations where you’ve sustained a permanent injury but can work some jobs. Unlike the permanent and temporary disability benefits, the permanent partial benefits will be calculated, considering the injury and location’s nature.
If you seek legal representation or have questions after sustaining a job-related injury in New Jersey, visit https://www.schibelllaw.com/workers-compensation-attorney-new-jersey/ to book a free consultation with experienced attorneys. There are situations where some insurance firms and employers will want to pay as little as possible. Not only will you be denied what you deserve, but you may not recover fully. These situations will require you to work with a workers’ compensation attorney. Schibell Law, LLC will assist you in understanding your options when you are injured. Also, you get the chance to recover lost wages and deal with medical expenses.

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