What is the maximum TD Rate for 2008?

What is the maximum TD Rate for 2008?

• A. 881.66
• B. 916.33
• C. 958.01
• D. 958.00

Answer: (C)

Temporary Disability benefits are capped by a maximum weekly rate set each year. For 2008, the official maximum TD rate was 958.01 dollars per week, so the highest TD payment a worker could receive that year is 958.01. The benefit is generally two-thirds of the employee’s average weekly wage, but it cannot exceed this cap. The other numbers are lower caps or rounding differences, and 958.00 would be off by a penny because the official maximum was 958.01.

Temporary Disability benefits are capped by a maximum weekly rate set each year. For 2008, the official maximum TD rate was 958.01 dollars per week, so the highest TD payment a worker could receive that year is 958.01. The benefit is generally two-thirds of the employee’s average weekly wage, but it cannot exceed this cap. The other numbers are lower caps or rounding differences, and 958.00 would be off by a penny because the official maximum was 958.01.