2014 Maximum Weekly Compensation Rate – Workers’ Compensation

Byron David, Conway, FlorenceAt the [South Carolina WCC] Business Meeting on December 16, 2013, the Commission approved the maximum weekly compensation rate at $752.16 for injuries arising on and after January 1, 2014. The South
Carolina Department of Employment and Workforce certified the average weekly wage July 1, 2012 through June 30, 2013.

As provided in Title 42 of the SC Code of Laws, 1976 the maximum weekly compensation rate equals 66⅔% of an individual’s average weekly wage, not to exceed the average weekly wage in this State for the preceding fiscal year as determined by the South Carolina Department of Employment and Workforce.

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Posted on January 6, 2014, in Uncategorized and tagged , , , , , , , , , , , . Bookmark the permalink. Leave a comment.

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