Use this calculator to determine the amount by which a benefit period will be discounted if paid in a Lump Sum. The amount of the discount will depend on the Request Date. Discounts are calculated at a rate of 6%, compounded annually.
Click the table below to display yearly maximum and minimum compensation rates, as well as the Cost of Living percentage for each year. Please note that rate years begin on July 1st and conclude on June 30th each year.
Days | Weeks |
---|---|
1 Day | .14286 Weeks |
2 Days | .28571 Weeks |
3 Days | .42857 Weeks |
4 Days | .57143 Weeks |
5 Days | .71429 Weeks |
6 Days | .85714 Weeks |