WorkCompCentral Workers' Compensation News and Education

PRESENT VALUE OF AWARD WITH LIFE PENSION

NOTE: On August 11, 2011 the California Supreme Court in Baker v W.C.A.B. (XYZZX) (previously Duncan v W.C.A.B.) ruled that COLA’s be calculated and applied prospectively commencing on the January 1 following the date on which the injured worker first becomes entitled to receive, and actually begins receiving, such benefit payments, i.e., the permanent and stationary date in the case of total permanent disability benefits, and the date on which partial permanent disability benefits become exhausted in the case of life pension payments. This calculator has been re-calibrated to accommodate this ruling.

Date of birth:

Gender:

Male Female

Date of injury:

PD commencement date:

Date of calculation:

Total Weeks of Permanent Disability:

PD Rating: %

Life Pension Rate:

$	Weekly Wage: $

PD Weekly Rate:

$ ↵

Annual Interest Rate:

SAWW Annual Increase:

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Exact age in years at date of calculation:
Years from date of calculation to start of Life Pension:
Present Value of Life Pension:
Present Value of all Life Pension Indemnity due:	$
Present Value of all Life Pension Indemnity due for Baker:	$
Balance of PD due without discount:	$
Present Value of Permanent Disability:	$
Gross total value:	$
Gross total value with SAWW increases:	$