andyourlittledogtoo Senior Member
Posts: 504
Joined: Jul 2005
|
Tuesday December 20, 2005 6:00 PM
|
|
If the life pension rating is disputed, then that becomes part of the negotiation. If the life pension rating is conceded, then there are actuarial formulas that are used to calculate how long someone is expected to live and what the present value of the life pension is if paid up front instead of in weekly checks over many years. All this is considered part of your total pemanent disability rating and calculated in whatever figure is used to negotiate a settlement with you.
-------------------------
"For a long time it had seemed to me that life was about to begin, real life. But there was always some obstacle in the way, something to be gotten through first, some unfinished business, time still to be served, a debt to be paid. Then life would begin. At last it dawned on me that these obstacles were my life." Alfred D'Souza
|
|