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3.4 percent COLA for Pension and Time-Loss, Effective July 1

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July 2, 2013

Tumwater – For most workers* injured before July 1, 2012, time-loss and pension benefit payments will increase 3.4 percent based on the change in the state's average wage, as announced by the Department of Employment Security on June 12.

State law requires that benefits be recalculated each year to reflect the change in the state’s average wage from the previous calendar year.

The increase also applies to pension benefits paid to family members of those who died because of a work-related accident or disease. 

As a result of the increase, the new maximum monthly benefit will be $5,159.50, or 120 percent of the state’s average monthly wage. Less than 4 percent of L&I claimants receiving wage-replacement benefits collect the maximum.

The increase became effective July 1, 2013.

*Certain injured workers who also receive federal Social Security benefits may not be entitled to this annual cost-of-living increase.

For media information: Elaine Fischer at 360-902-5413.

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