We Only Get Paid if You Do! Always Call Cards ®

all communications remain confidential

  • Cardamone Law- The Official
    Partner of the American Worker

    If I Get Workers Comp Wage Loss Benefits, Will I Get Interest On Past Due Amounts?

    Yes, 10% per annum (per year) unless otherwise agreed to by the parties.

     

    This is meant to help the injured worker. In Claim Petition proceedings, which can take up to a year or more, the interest on back due amounts can be significant.

     

    If the Employer/Insurer failed to pay benefits that were owed in a timely manner, an injured worker can also pursue a penalty petition. The Work Comp Judge has discretion as to how much of a penalty to award- but the maximum is 50% of the amount in dispute. In many cases, the parties come to an agreement as to the amount of a penalty.

     

    For more information about statutory interest and Pennsylvania Workers’ Compensation Law, call experienced Philadelphia Workmens Comp Lawyer Michael W. Cardamone for a free consult 7 days a week at 215-206-9068 or email Michael@cardamonelaw.com

     

    Philadelphia Workmens Comp Lawyer

  • Categories

  • Archives

  • The Attorneys At Cardamone Law Are Top Rated In Workers' Compensation