Life Pension
There are two types of Life Pension that you may be entitled to: Permanent Total Disability and Permanent Partial Disability. You must have a Permanent Disability (PD) rating of 70% or more to be entitled to a life pension. The amount is based upon a formula using variable determined by your PD rating and your weekly earnings. We understand this can be a confusing topic, so feel free to reach out to our experienced claims analysts to answer your questions. Here are a few more details to remember:
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- Injuries resulting in PD ratings 70% through 99 ¾%
- Payments begin after all regular PD benefits have been paid
- Rate of payment is based on set compensation rates at the time of injury
- If 100% PD award, employee receives weekly TTD rate for life
Death Benefits
Death benefits are payments to a spouse, children or other dependents if an employee dies from a work-related injury or illness. This also includes reasonable burial expenses, but the amount depends on the date of injury:
- Before January 1, 2013 – maximum $5,000.00
- On or After January 1, 2013 – maximum $10,000.00
The amount of the death benefit depends on the number of total and/or partial dependents, with a payment being made every 2 weeks.