A bill has been introduced into the Vermont Senate requiring
that if an employer and injured worker enter into an agreement that constitutes
a full and final settlement of all or a part of the employee’s claim, the
Commissioner shall not approve the agreement unless:
(1) The employer provides the employee with a written disclosure
explaining the consequences of the agreement with respect to the employee’s
rights to future benefits by stating-
(a) the amount the claim has resolved for,
(b) a description of the employee’s injury,
including any rating assigned to that injury and the approximate amount of
compensation the employer would be required to pay the employee if the parties
did not enter into the agreement,
(c) all benefits that will terminate as a result
of the agreement and
(d) any rights to benefits that will be relinquished by the
agreement; and
(2) The employee
signs the disclosure statement acknowledging that the employee is informed of
and understands the terms of the agreement and its consequences.
The online link to S. 23 is located here:
