How the Calculator Works

Our workers' compensation calculator helps you estimate the potential value of your work injury claim by calculating:

  • Lump Sum Settlements - Based on your compensation rate, scheduled weeks, and percentage of permanent partial disability (PPD)
  • Present Value - The commutable value of your settlement using discount rates between 2% and 6% as required by South Carolina law

The calculator uses the standard formula: Lump Sum = (Compensation Rate) × (Scheduled Weeks) × (Impairment Percentage)

Your compensation rate is determined as two-thirds of your average weekly wage (AWW), with a minimum of $75 per week and subject to the statewide maximum cap.

Who Should Use This Calculator

This tool is designed for:

  • Injured workers seeking to understand their potential settlement value
  • Attorneys preparing case valuations and settlement negotiations
  • Insurance adjusters evaluating claim reserves
  • Employers understanding potential liability exposure

Important Legal Considerations

Please note: This calculator provides estimates only. Actual workers' compensation settlements depend on numerous factors including:

  • Specific details of your injury and medical treatment
  • Your earning capacity and return-to-work potential
  • Negotiation between parties
  • Final approval by the South Carolina Workers' Compensation Commission

Under South Carolina Code §42-9-301, all commutations require Commission approval and must use an annual discount rate between 2% and 6%.

Get Professional Legal Help

While this calculator provides valuable estimates, workers' compensation law is complex. An experienced attorney can help you:

  • Maximize your settlement value
  • Navigate the legal process
  • Ensure all benefits are properly calculated
  • Handle negotiations with insurance companies

Contact our experienced workers' compensation attorneys today for a free consultation about your specific case.

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