What is the minimum TD Rate for 2007?

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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

What is the minimum TD Rate for 2007?

Explanation:
In California workers’ compensation, temporary disability payments are two-thirds of the employee’s average weekly wage, with a floor and a ceiling set each year by the Administrative Director. For 2007, the floor (minimum TD rate) was established at 137.45 per week. This amount comes from two-thirds of the statewide average weekly wage for that year, rounded to the nearest cent. So any TD benefit must be at least 137.45, making that the minimum. The lower figures fall below the statutory minimum, while the higher figure would exceed the floor.

In California workers’ compensation, temporary disability payments are two-thirds of the employee’s average weekly wage, with a floor and a ceiling set each year by the Administrative Director. For 2007, the floor (minimum TD rate) was established at 137.45 per week. This amount comes from two-thirds of the statewide average weekly wage for that year, rounded to the nearest cent. So any TD benefit must be at least 137.45, making that the minimum. The lower figures fall below the statutory minimum, while the higher figure would exceed the floor.

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