Texas Reports Workers’ Comp State Average Weekly Wage for FY 2007

The Texas Department of Insurance Division of Workers’ Compensation reported that the workers’ compensation state average weekly wage for Fiscal Year 2007 is set at $673.80 and is effective for dates of injury from Oct. 1, 2006, through Sept. 30, 2007.

The workers’ compensation state average weekly wage for Fiscal Year 2006 was set statutorily at $540.

Under House Bill 7 passed by the 79th Legislature, the workers’ compensation state average weekly wage for Fiscal Year 2007 is equal to 88 percent of the average weekly wage in covered employment as computed by the Texas Workforce Commission (TWC).

The workers’ compensation state average weekly wage is used to calculate maximum and minimum weekly workers’ compensation benefit amounts. A table showing maximum and minimum weekly benefit amounts for injuries that occurred on or after Jan.1, 1991, is available on the Texas Department of Insurance Web site at www.tdi.state.tx.us/wc/information/maxminbens.html.

Source: Texas DWC