LD 573, Page 2 - 122th Legislature, FIRST REGULAR Session

	10.__Received workers' compensation lump sum settlement.__For any
week with respect to which the claimant received an indemnity
payment as part of a workers' compensation lump sum settlement.__If
the payment received is less than the benefits that would otherwise
be due under this chapter, the claimant is entitled to receive for
that week, if otherwise eligible, benefits reduced by the amount of
the payment, rounded to the nearest lower full dollar amount.__The
indemnity portion of the workers' compensation lump sum settlement
must be prorated and applied in a reasonable manner that may
include application to weeks both before and after the date of the
receipt of the settlement.

The parties to the settlement shall identify the types of
payments included in the lump sum and notify the Department of
Labor of such settlements if a claim for unemployment
compensation is filed.

SUMMARY

This bill requires the reduction of unemployment benefits to
any individual who receives an indemnity payment as part of a
workers' compensation lump sum settlement. The indemnity portion
of the workers' compensation lump sum settlement must be prorated
and applied in a reasonable manner that may include application
to weeks both before and after the date of the receipt of the
settlement.

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