This form is an official New York Worker's Compensation form which complies with all applicable state codes and statutes. USLF updates all state forms as is required by state statutes and law.
The Suffolk New York Section 32 Settlement Agreement — Claimant Release is a legally binding document that serves as a settlement agreement between a claimant and an employer/carrier in a workers' compensation case. This agreement is specific to Suffolk County, New York, and falls under Section 32 of the New York Workers' Compensation Law. The purpose of this agreement is to provide a mutually agreeable resolution to a worker's compensation claim by offering a lump sum payment in exchange for the claimant's release of all current and future rights and claims related to their work-related injury or illness. By signing the agreement, the claimant acknowledges that they have received all necessary medical treatment and compensation up to the date of the settlement. The Suffolk New York Section 32 Settlement Agreement — Claimant Release can be categorized into two different types: 1. Full and Final Settlement: This type of settlement agreement fully and finally resolves the claimant's right to any further benefits or compensation related to their workers' compensation case. Once signed, the claimant waives their rights to pursue any future claims arising from the work-related injury or illness. This type of settlement provides closure for both parties, allowing the claimant to receive a lump sum payment and the employer/carrier to avoid any potential future liabilities. 2. Partial Settlement: In some cases, the parties involved may agree to a partial settlement, in which only a portion of the claimant's rights or interests are settled. This could involve the claimant receiving a lump sum payment for a specific period of time or certain aspects of their claim, while retaining the right to seek future benefits or compensation for other related issues. A partial settlement can provide a means of resolution for immediate needs while preserving the claimant's options for pursuing additional benefits if necessary. It is important for both the claimant and the employer/carrier to carefully review the terms and conditions of the Suffolk New York Section 32 Settlement Agreement — Claimant Release before signing. It is advisable to consult with an attorney specializing in workers' compensation law to ensure all rights and interests are adequately protected throughout the settlement process.The Suffolk New York Section 32 Settlement Agreement — Claimant Release is a legally binding document that serves as a settlement agreement between a claimant and an employer/carrier in a workers' compensation case. This agreement is specific to Suffolk County, New York, and falls under Section 32 of the New York Workers' Compensation Law. The purpose of this agreement is to provide a mutually agreeable resolution to a worker's compensation claim by offering a lump sum payment in exchange for the claimant's release of all current and future rights and claims related to their work-related injury or illness. By signing the agreement, the claimant acknowledges that they have received all necessary medical treatment and compensation up to the date of the settlement. The Suffolk New York Section 32 Settlement Agreement — Claimant Release can be categorized into two different types: 1. Full and Final Settlement: This type of settlement agreement fully and finally resolves the claimant's right to any further benefits or compensation related to their workers' compensation case. Once signed, the claimant waives their rights to pursue any future claims arising from the work-related injury or illness. This type of settlement provides closure for both parties, allowing the claimant to receive a lump sum payment and the employer/carrier to avoid any potential future liabilities. 2. Partial Settlement: In some cases, the parties involved may agree to a partial settlement, in which only a portion of the claimant's rights or interests are settled. This could involve the claimant receiving a lump sum payment for a specific period of time or certain aspects of their claim, while retaining the right to seek future benefits or compensation for other related issues. A partial settlement can provide a means of resolution for immediate needs while preserving the claimant's options for pursuing additional benefits if necessary. It is important for both the claimant and the employer/carrier to carefully review the terms and conditions of the Suffolk New York Section 32 Settlement Agreement — Claimant Release before signing. It is advisable to consult with an attorney specializing in workers' compensation law to ensure all rights and interests are adequately protected throughout the settlement process.
