Requiring certain weekly workers’ compensation benefits to be calculated by including an employee’s overtime and premium pay, and to include an annual cost-of-living adjustment

The inclusion of this explanation does not constitute agreement with the explanation’s substance by the members of the general assembly. This bill requires certain weekly workers’ compensation benefits to be calculated by including an employee’s overtime and premium pay, and to include an annual cost-of-living adjustment. The bill requires the calculation of the amount of weekly workers’ compensation benefits to include, not exclude, an employee’s earnings for overtime and premium pay. The bill requires the basis of compensation for weekly workers’ compensation benefits payable for permanent total disability benefits or death benefits to increase on January 1 each year for compensation that becomes due that year, by a percentage equal to the cost-of-living adjustment made to disability benefits payable by the United States social security administration in December of the immediately preceding year. Technical corrections are also made to remove an unnumbered paragraph and for purposes of clarity.