The Texas Department of Insurance Division of Workers’ Compensation announced that the workers’ compensation state average weekly wage for Fiscal Year 2008 is set at $712 and is effective for dates of injury from Oct.1, 2007 through Sept.30, 2008.
The workers’ compensation state average weekly wage for Fiscal Year 2008 is equal to 88 percent of the average weekly wage in covered employment as computed by the Texas Workforce Commission (TWC). The workers’ compensation state average weekly wage for Fiscal Year 2007 was $674.
The workers’ compensation state average weekly wage is used to calculate maximum and minimum weekly workers’ compensation benefit amounts. A table showing maximum and minimum weekly benefit amounts for injuries that occurred on or after Jan. 1, 1991, is available on the Texas Department of Insurance Web site at www.tdi.state.tx.us/wc/information/maxminbens.html.
Topics Texas Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
NYC Restaurants Shut Off Air Conditioning, Close on Sundays as Costs Surge 
Cyber Rates Are Down, Risks Are Up but Small Businesses Slow to Adopt 
How Federal Ban on Intoxicating Hemp Products Will Reshape Risk, Coverage 
Broad AI Exclusions in Insurance Policies Could Create Uncertainty, Marsh CEO Says 
