|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:||July 24, 2006|
|RE:||Maximum Weekly Benefit for 2007|
The North Carolina Industrial Commission has established the maximum weekly benefit for 2007 pursuant to N.C. Gen. Stat. §97-29. Effective January 1, 2007, the maximum weekly benefit applicable to all injuries and claims arising on and after January 1, 2007 shall be seven hundred and fifty-four dollars ($754.00).
The maximum weekly benefit was derived by multiplying the average weekly insured wage of six hundred and eighty-five dollars and fifty-four cents ($685.54) for the calendar year 2005, 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, 1982-2007