Friday, June 8, 2018

JULY 1, 2018 COLA INCREASE RATE SET AND UPDATE ON ATTORNEY FEES

The Department of Labor posted today the updated COLA rate increase that takes effect on July 1, 2018.  The increase is 1.023% for fiscal year 2019.  The new minimum is $437.00, and the new maximum rate is $1,311.00.  You can find the new Form 28/28A on the Department of Labor's website at: http://labor.vermont.gov/forms/#comp .

You can find the updated historical rates chart at: http://labor.vermont.gov/wordpress/wp-content/uploads/historicalrates.pdf .

The Department of Labor also updated the attorney fee rate for fiscal year 2019.  The rate increased from $205.00 to $210.00 for 2018, effective on July 1, 2018.  The paralegal rate remains at $75.00, and the vocational rehabilitation rate remains at $95.00.  The updated amounts can be found here: http://labor.vermont.gov/wordpress/wp-content/uploads/Attorney-VR-Fee.pdf .