Tag Archives: time loss

3.6% COLA Increase For Pension And Time Loss, Effective July 1

For most workers* injured before July 1, 2011, time-loss and pension benefit payments will increase 3.6 percent based on the change in the state’s average wage, as announced by the Department of Employment Security on June 19.

The increase also applies to pension benefits paid to family members of those who died because of a work-related accident or disease.

The increase becomes effective July 1, 2012.