Monday, June 19, 2017

Annual Adjustment of Workers' Compensation Benefits - JULY 1, 2017

The new Form 28(FY18) and the Form 28A(FY18), which you should use to update claimant’s rates as of July 1, 2017, are now available.  You can download both forms from the Department of Labor's website at:  http://labor.vermont.gov/forms/#comp.  Please make copies as needed.


The new maximum for those injuries arising after June 30, 1986 is $1,281.00.  The new maximum for injuries prior to June 30, 1986 is $854.00.  The minimum in all cases is $427.00.

To calculate the July 1, 2017 COLA increase, multiply the July 1, 2016 compensation rate by 1.018 and add the appropriate dependency benefit, if any.


Please be aware of the requirement to forward a copy of the Form 28 to the injured worker or dependent.