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Pennsylvania Supplemental Agreement for Compensation for Disability or Permanent Injury

State:
Pennsylvania
Control #:
PA-SKU-4550
Format:
PDF
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Description

Supplemental Agreement for Compensation for Disability or Permanent Injury The Pennsylvania Supplemental Agreement for Compensation for Disability or Permanent Injury is a contract between an employer and employee that outlines how the employee will be compensated if he or she is injured or becomes disabled due to an accident or illness that occurred on the job. This agreement is commonly used in Pennsylvania to provide financial assistance to employees who have been injured and are unable to work due to their disability or injury. It is an addition to the workers' compensation benefits the employee is already receiving from the Workers' Compensation Board. The Pennsylvania Supplemental Agreement for Compensation for Disability or Permanent Injury includes details such as the amount of compensation the employee will receive each month, the duration of the agreement, and any rules and regulations that apply to the agreement. There are two types of Pennsylvania Supplemental Agreements for Compensation for Disability or Permanent Injury: Lump Sum Agreement and Structured Settlement Agreement. Under a Lump Sum Agreement, the employer pays the employee a one-time payment that covers the costs of the disability or injury. Under a Structured Settlement Agreement, the employer pays the employee a set amount of money each month until the disability or injury is resolved. This agreement is beneficial to both parties, as it ensures that the employee receives the necessary financial assistance to cover their disability or injury, while also protecting the employer from long-term financial liabilities.

The Pennsylvania Supplemental Agreement for Compensation for Disability or Permanent Injury is a contract between an employer and employee that outlines how the employee will be compensated if he or she is injured or becomes disabled due to an accident or illness that occurred on the job. This agreement is commonly used in Pennsylvania to provide financial assistance to employees who have been injured and are unable to work due to their disability or injury. It is an addition to the workers' compensation benefits the employee is already receiving from the Workers' Compensation Board. The Pennsylvania Supplemental Agreement for Compensation for Disability or Permanent Injury includes details such as the amount of compensation the employee will receive each month, the duration of the agreement, and any rules and regulations that apply to the agreement. There are two types of Pennsylvania Supplemental Agreements for Compensation for Disability or Permanent Injury: Lump Sum Agreement and Structured Settlement Agreement. Under a Lump Sum Agreement, the employer pays the employee a one-time payment that covers the costs of the disability or injury. Under a Structured Settlement Agreement, the employer pays the employee a set amount of money each month until the disability or injury is resolved. This agreement is beneficial to both parties, as it ensures that the employee receives the necessary financial assistance to cover their disability or injury, while also protecting the employer from long-term financial liabilities.

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Supplemental Agreement Pa Workers Compensation