COMMUTATION - PRESENT VALUE OF PERMANENT TOTAL DISABILITY

These new WCC LP and PTD Commutation Calculators have been engineered to deliver the same results that are provided by the Disability Evaluation Unit as of 8/29/2012.

WCC has extended the Present Value of Life Pension tables from fourteen to eighteen years of deferment (from 730 to 940 weeks, approximately) by mathematical extrapolation to account for the greater weeks of PD resulting from the 2005 PDRS. The “official” tables mandated by Regulation 10169 are valid only to fourteen years, or 730 weeks. Thus any commutation involving PD in excess of 730 weeks would not have been accurate. These new tables, though not yet approved by DWC, resolve these errors.

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Gender: Male Female
Date of birth:
Date of commutation (DOC):
Rate of PTD benefits on DOC:
$
State Average Weekly Wage used for Baker.
Click here for historical SAWW data.
Assumed annual increase:
%
Lump sum to be paid on DOC: $ or %

Commutation results:
Age in years at date of commutation (DOC):
Interpolated number living per 100,000 births for gender at age on DOC:
Present value of permanent total disability:
Commuted value of permanent total disability:
$

Commutation of remaining PTD on DOC by uniform reduction of payments:
Lump sum amount to be paid on DOC:
$
Weekly reduction in PTD necessary to produce desired lump sum:
$
Initial weekly permanent total disability after reduction:
$

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COMMUTATION - PRESENT VALUE OF PERMANENT TOTAL DISABILITY

Commutation results:

Commutation of remaining PTD on DOC by uniform reduction of payments:

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