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

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, exam simulations, and disable ads.

Full question bankExam simulationsFlashcards
From $9.99Unlock all

Prepare for the California SIP Exam with flashcards and multiple choice questions. Each question comes with hints and explanations to boost your confidence. Get exam-ready now!

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.

More Multiple Choice Questions
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy