Today the Department of Labor issued the annual COLA applied to temporary total and temporary partial benefits
for the next year. The
statute requires that “Compensation... shall be adjusted annually on July 1, so that
such compensation continues to bear the same percentage relationship to the
average weekly wage... as computed under this chapter as it did at
the time of injury. Temporary total or temporary partial compensation shall
first be adjusted on the first July 1 following the receipt of 26 weeks of
benefits.” 21 V.S.A. §650(d).
The new maximum for those injuries arising after June 30,
1986 is $1,166.00. The new maximum for injuries prior to that date is
$777.00. The minimum in all cases is $389.00.
The new Form 28(FY14) and the Form 28A(FY14) are now
available and may be downloaded from the Vermont Department of Labor website located
at:
Temporary total and temporary partial rates are to be
updated as of July 1, 2013.
