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IA SF455
Bill
Status
2/26/2025
Primary Sponsor
Thomas Townsend
Click for details
AI Summary
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Requires workers' compensation weekly benefit calculations to include an employee's overtime and premium pay, which are currently excluded from the computation
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Mandates an annual cost-of-living adjustment (COLA) for permanent total disability benefits and death benefits, effective January 1 each year
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Sets the COLA percentage equal to the adjustment made to Social Security Administration disability benefits in December of the preceding year
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Amends the definition of "gross earnings" in Iowa Code section 85.61 to remove overtime from the list of excluded payment types
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Applies the overtime and premium pay inclusion specifically to employees paid on daily, hourly, or output-based pay periods when calculating the 13-week average earnings
Legislative Description
A bill for an act requiring certain weekly workers' compensation benefits to be calculated by including an employee's overtime and premium pay, and to include an annual cost-of-living adjustment.
Last Action
Subcommittee: Driscoll, Alons, and Townsend. S.J. 381.
2/27/2025