For a baker earning $1,400 per week, the TD rate (May 1, 2010) is which amount?

Prepare for the California Self‑Insurance Plans (SIP) Exam with our interactive quiz. Benefit from multiple-choice questions, detailed explanations, and essential tips to enhance your knowledge and succeed in your exam!

Multiple Choice

For a baker earning $1,400 per week, the TD rate (May 1, 2010) is which amount?

Explanation:
Temporary Disability payments are based on two-thirds of the employee’s weekly wage, but cannot exceed the maximum weekly TD rate set for the date. For a $1,400 weekly wage, two-thirds is 1,400 × 2/3 = 933.33. The May 1, 2010 maximum weekly TD rate is higher than that (986.69), so the cap doesn’t apply here. Therefore, the TD rate is 933.33 per week.

Temporary Disability payments are based on two-thirds of the employee’s weekly wage, but cannot exceed the maximum weekly TD rate set for the date. For a $1,400 weekly wage, two-thirds is 1,400 × 2/3 = 933.33. The May 1, 2010 maximum weekly TD rate is higher than that (986.69), so the cap doesn’t apply here. Therefore, the TD rate is 933.33 per week.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy