What is the maximum workers compensation in NYS?
Table of Contents
Date of Accident | Weekly Maximum Total / Partial |
---|---|
July 1, 2020 – June 30, 2021 | $966.78 / $966.78 |
July 1, 2019 – June 30, 2020 | $934.11 / $934.11 |
July 1, 2018 – June 30, 2019 | $904.74 / $904.74 |
July 1, 2017 – June 30, 2018 | $870.61 / $870.61 |
Are workers compensation weekly payments taxable income?
Any weekly WorkCover payments you receive are treated as your income and therefore taxable.
What is the maximum workers’ compensation benefit in New York?
The legal maximum depends on the date of your injury. For injury dates between July 2018 and June 2019, the maximum is $904.74 per week. As of July 1, 2017, the maximum benefit is $870.61 per week. (For other injury dates, the New York Workers’ Compensation Board keeps an updated list of the maximums on its website.)
How does workers’ compensation work in New York?
The workers’ compensation system in New York is designed to help you recover from a work-related injury or illness by providing medical care, paying you for some of your lost earnings, and helping you get back to work.
Will workers’compensation pay for all of my losses?
Workers’ compensation will also pay reasonable funeral expenses for the deceased employee, up to a maximum that depends on the county. You can see by now that you won’t receive compensation for all of your losses through workers’ compensation.
How is the maximum weekly unemployment benefit calculated in New York?
The maximum weekly benefit amount is based on the New York State Average Weekly Wage for the previous calendar year as reported by the Commissioner of Labor to the Superintendent of Insurance on March 31 of each year. The maximum weekly benefit is adjusted on July 1 of each year.