Tuesday, July 16, 2013

2013 COST of LIVING ADJUSTMENT (COLA)

The Department recently announced that the:

The July 1, 2013 cost of living adjustment is slightly more than a 3.4% increase, and

The new maximum time loss rate is $5,159.50/month or $171.98/day

Cost of living adjustments are not effective until the second July 1st following the injury.  So the cost of living adjustment does not apply unless the date of injury is prior to July 1, 2012.


Williams, Wyckoff & Ostrander, PLLC