Remove 2002 Remove Health and Welfare Remove Pension Benefit
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Are Workers’ Compensation benefits protected against the rising cost of living?

Workers' Compensation Perspectives

Over time, savings may be depleted, debts incurred, and their health and welfare diminished—furthering the burden of their original work-related injuries. Assuming just 2% CPI each year, the 1% reduction means that the purchasing power of each $100 awarded in 2002 will have grown after 10 years to $110.46 far short of the $121.90