Existing law authorizes an award for a permanent partial disability to be paid in a lump sum under certain conditions. (NRS 616C.495) Existing law further provides that if a claimant is injured on or after July 1, 2017, and the disability incurred exceeds 30 percent, the injured employee may elect to receive a lump sum payment that is equal to the present value of an award for a disability of up to 30 percent. This bill authorizes a claimant who is injured on or after July 1, 2017, and whose injury does not exceed 30 percent to elect to receive his or her compensation in a lump sum.
Statutes affected: As Introduced: 616C.495
As Enrolled: 616C.495
BDR: 616C.495