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The year of the workers injury will determine the rates that apply. For 2022, the maximum rate for benefits in New Jersey is $1,065 per week; the 2022 maximum rate for benefits in Pennsylvania is $1,205 per week. In New Jersey, total disability wage loss benefits are subject to a maximum of 75% of the SAWW.
The Second Injury Fund was created in 1923 to make benefit payments to to- tally and permanently disabled workers in cases where the cause of disability was subsequent to a prior disability render- ing the worker permanently and partially disabled.
No, the benefits are not taxable income. An injured worker receives benefits under New Jersey Workers Compensation law. The benefits are not taxable either by the State of New Jersey or the Federal government. These are insurance benefits to offset the loss of income and earning capacity resulting from a work injury.
The year of the workers injury will determine the rates that apply. For 2022, the maximum rate for benefits in New Jersey is $1,065 per week; the 2022 maximum rate for benefits in Pennsylvania is $1,205 per week. In New Jersey, total disability wage loss benefits are subject to a maximum of 75% of the SAWW.
No, the benefits are not taxable income. An injured worker receives benefits under New Jersey Workers Compensation law. The benefits are not taxable either by the State of New Jersey or the Federal government. These are insurance benefits to offset the loss of income and earning capacity resulting from a work injury.

People also ask

Now the surcharge is 6.76% (as of January 1, 2013). Practitioners use the terms Second Injury Fund and 2% Fund interchangeably.
The key word here is right. In New Jersey, if you disagree with any assessment made by the examining doctor, you can ask the workers compensation insurance company to allow you to obtain a second opinion, but its entirely within the discretion of the insurer to decide whether or not such an action is warranted.
The simple formula for calculating a weekly workers compensation temporary disability payment is to take your average weekly wage and multiply it by 70 percent (AWW x 70% = weekly wage replacement amount). There are, however, exceptions to this formula, and maximum and minimum thresholds for this pay as well.

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