TD Rate 2012 corresponds to which rate?

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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

TD Rate 2012 corresponds to which rate?

Explanation:
Temporary Disability benefits are set at two-thirds of your average weekly wage, with a floor and a ceiling for the weekly amount. For 2012, the floor is $151.57 per week and the ceiling is $1010.50 per week. So the TD rate for 2012 corresponds to a weekly benefit in the range of $151.57 to $1010.50. If two-thirds of your average weekly wage falls below the floor, you get the floor; if it would exceed the ceiling, you get the ceiling.

Temporary Disability benefits are set at two-thirds of your average weekly wage, with a floor and a ceiling for the weekly amount. For 2012, the floor is $151.57 per week and the ceiling is $1010.50 per week. So the TD rate for 2012 corresponds to a weekly benefit in the range of $151.57 to $1010.50. If two-thirds of your average weekly wage falls below the floor, you get the floor; if it would exceed the ceiling, you get the ceiling.

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