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Are workers’ compensation laws keeping up with changing demographics?

Workers' Compensation Perspectives

In the US (source: US BLS Current Population Survey, quarterly, non-seasonally adjusted 2002 and 2022 extracted June 2022): The employed non-farm labour force age 65 and over has increased by 2.5 times since 2002 Nearly 20% of persons 65 and older is now employed in the labour force Nearly a third of persons aged 65 to 69 is employed 36.4%

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Are Workers’ Compensation benefits protected against the rising cost of living?

Workers' Compensation Perspectives

To forestall this eventuality, the majority of North American workers’ compensation jurisdictions adjust periodic payments (sometimes called workers’ compensation pensions or permanent disability payments) to account for increases in the cost of living. per cent beginning on January 1.