Texas Sets Workers’ Comp Weekly Benefit Rates for Coming Year
The Texas Department of Insurance – Division of Workers’ Compensation has announced that the workers’ compensation state average weekly wage for dates of injury from Oct. 1, 2014 through Sept. 30, 2015 has been set at $860.52.
The maximum weekly benefit rates for workers’ compensation income benefits is set at $861 and the minimum weekly benefit rate is set at $129 for that period.
In accordance with the Texas Labor Code (TLC) the workers’ compensation state average weekly wage is equal to 88 percent of the average weekly wage in covered employment as computed each year by the Texas Workforce Commission.
The maximum and minimum weekly benefit rates for dates of injury from Oct. 1, 2013, through Sept. 30, 2014 were $850 and $127 respectively.
Source: Texas Department of Insurance
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