NWLAA

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COMPENSATION RATES (LHWCA)
Interest Rates (bottom of
Page)
| DATE OF INJURY |
MAXIMUM |
MINIMUM |
TOTAL (LESS PTD) |
| 07/01/27 - 06/23/48 |
25.00 |
8.00 |
7,500.00 |
| 06/24/48 - 07/25/56 |
35.00 |
12.00 |
11,000.00 |
| 07/26/56 - 07/13/61 |
54.00 |
18.00 |
17,280.00 |
| 07/14/61 - 11/25/72 |
70.00 |
18.00 |
24,000.00 |
The following chart is used
in computing benefits under the Longshore and Harbor Workers' Compensation
Act.
| Period |
NAWW |
Maximum |
Minimum |
Percent
of Increase |
| 11/26/72- 09/30/73 |
131.80 |
167.00 |
65.90 |
|
| 10/01/73 -09/30/74 |
140.26 |
210.54 |
70.18 |
6.49 |
| 10.01/74 - 09/30/75 |
149.10 |
261.00 |
74.57 |
6.26 |
| 10/01/75 - 09/30/76 |
159.20 |
318.38 |
79.60 |
6.74 |
| 10/01/76 - 09/30/77 |
171.28 |
342.54 |
85.64 |
7.59 |
| 10/01/77 - 09/30/78 |
183.61 |
367.22 |
91.81 |
7.21 |
| 10/01/78 - 09/30/79 |
198.39 |
396.78 |
99.20 |
8.05 |
| 10/01/79 - 09/30/80 |
213.13 |
426.26 |
106.57 |
7.43 |
| 10/01/80 - 09/30/81 |
228.12 |
456.24 |
114.06 |
7.03 |
| 10/01/81 - 09/30/82 |
248.35 |
496.70 |
124.18 |
8.87 |
| 10/01/82 - 09/30/83 |
262.35 |
524.70 |
131.18 |
5.64 |
| 10/01/83 - 09/30/84 |
274.17 |
548.34[1] |
137.09 |
4.51 |
| 01/01/84 - 09/30/85 |
289.83 |
579.66 |
144.92 |
[5.71][2] |
| 10/01/85 - 09/30/86 |
297.62 |
595.24 |
148.81 |
2.69 |
| 10/01/86 - 09/30/87 |
302.66 |
605.32 |
151.33 |
1.69 |
| 10/01/87 - 09/30/88 |
308.48 |
616.96 |
154.24 |
1.92 |
| 10/01/88 - 09/30/89 |
318.12 |
636.24 |
159.06 |
3.13 |
| 10/01/89 - 09/30/90 |
330.31 |
660.62 |
165.16 |
3.83 |
| 10/01/90 - 09/30/91 |
341.07 |
682.14 |
170.54 |
3.26 |
| 10/01/91 - 09/30/92 |
349.98 |
699.96 |
174.99 |
2.61 |
| 10/01/92 - 09/30/93 |
360.57 |
721.14 |
180.29 |
3.03 |
| 10/01/93 - 09/30/94 |
369.15 |
738.30 |
184.58 |
2.38 |
| 10/01/94 - 09/30/95 |
380.46 |
760.92 |
190.23 |
3.06 |
| 10/01/95 - 09/30/96 |
391.22 |
782.44 |
195.61 |
2.83 |
| 10/01/96 - 09/30/97 |
400.53 |
801.06 |
200.25 |
2.38 |
| 10/01/97 - 09/30/98 |
417.87 |
835.74 |
208.94 |
4.33 |
| 10/01/98 - 09/30/99 |
435.88 |
871.76 |
217.97 |
4.31 |
| 10/01/99 - 09/30/00 |
450.64 |
901.28 |
225.32 |
3.39 |
| 10/01/00 - 09/30/01 |
466.91 |
933.82 |
233.46 |
3.61 |
| 10/01/01 - 09/30/02 |
483.04 |
966.08 |
241.52 |
3.45 |
| 10/01/02 - 09/30/03 |
498.27 |
996.54 |
249.14 |
3.15 |
| 10/01/03 - 09/30/04 |
515.39 |
1030.78 |
257.70 |
3.44 |
| 10/01/04 - 09/30/05 |
523.58 |
1047.16 |
261.79 |
1.59 |
| 10/01/05 - 09/30/06 |
536.82 |
1073.64 |
268.41 |
2.53 |
| 10/1/06 - 09/30/07 |
557.22 |
1114.44 |
278.61 |
3.80 |
| 10/1/07 - 9/30/08 |
580.18 |
1160.36 |
290.009 |
4.12 |
| 10/1/08 - 9/30/09 |
600.31 |
1200.62 |
300.16 |
3.47 |
| 10/1/09 - 9/30/10 |
612.33 |
1224.66 |
306.17 |
2.00 |
[1] Maximum became applicable in
death cases (for any death after September 28, 1984) pursuant to LHWCA
Amendments of 1984. Section 9(e)(1) provides that the total weekly death
benefits shall not exceed the lesser of the average weekly wages of the
deceased or the benefit which the deceased would have been eligible to receive
under section 6(b)(1). The maximum death benefit provision took effect on
the day after the 1984 amendments were enacted. Therefore, for the two
day period of September 29 and 30, 1984, the maximum rate of $548.34 is
applicable, provided it is less than the average weekly wage of the deceased.
[2] Limited to a maximum of 5 percent under the provisions of Section
10(f) as amended by the LHWCA Amendments of 1984. |
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Can't Figure out the
Current Interest Rate to use on a Longshore Case's? Check out
the following Link to see how to figure out the most current rate.
(In the example, used Dec. 6, 2002 table) Table (example) for Weekly Interest
Rate (need Adobe Acrobat for table)
Now that you can read the
table, go to the link below and it will direct you to the current Interest
Rate Federal
Reserve Weekly Rate |
What was the Interest Rate Last Month, Last
Year?
Check out the following Web Link to get the
Historical Data on Longshore Interest Rates
Federal
Reserve Historical Rates
A quick review of the historical
rates suggest, 9/4/1981 had the highest rate at 17.15!
I'm sure nice Morgage Rates! |
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