|Michael F. Easley, Governor
Buck Lattimore, Chairman
|Bernadine S. Ballance,
Thomas J. Bolch, Commissioner
Laura K. Mavretic, Commissioner
Christopher Scott, Commissioner
Dianne C. Sellers, Commissioner
Pamela T. Young, Commissioner
|TO:||Carriers, Self-Insured Employers, Third-Party Administrators, and Other Participants in the Workers’ Compensation System in North Carolina|
|FROM:||Tracey H. Weaver, Executive Secretary|
|DATE:||August 5, 2004|
|RE:||Maximum Weekly Benefit for 2005|
The North Carolina Industrial Commission has established the maximum
weekly benefit for 2005 pursuant to N.C.
Gen. Stat. §97-29. Effective
January 1, 2005, the maximum weekly benefit applicable to all injuries and
claims arising on and after January 1, 2005 shall be seven hundred and four
The maximum weekly benefit was derived by multiplying the average weekly
insured wage of six hundred and forty dollars and forty-three cents ($640.43)
for the calendar year 2003, as determined by the Employment Security Commission
in accordance with N.C. Gen. Stat. §96-8(22), by 1.10 and rounding the figure
to its nearest multiple of two dollars ($2.00).
The minimum weekly benefit is thirty dollars ($30.00) as set forth in N.C.
Gen. Stat. §97-29.
Click here for Maximum Weekly Compensation Rates, 1982-2005