616C.473 - Annual increase in benefits for permanent total disability incurred on or after January 1, 2004. - Nevada Statutes

616C.473  Annual increase in benefits for permanent total disability incurred on or after January 1, 2004.

      1.  If a claimant or a dependent of a claimant is entitled to receive compensation pursuant to chapters 616A to 617, inclusive, of NRS for a permanent total disability caused by an industrial injury or a disablement from an occupational disease that occurs on or after January 1, 2004, the claimant or dependent is entitled to an annual increase in that compensation in the amount of 2.3 percent. The compensation must be increased pursuant to this section:

      (a) On January 1 of the year immediately after the year in which the claimant or dependent becomes entitled to receive that compensation; and

      (b) On January 1 of each successive year after the year specified in paragraph (a) in which the claimant or dependent is entitled to receive that compensation.

      2.  Any increase in compensation provided pursuant to this section is in addition to any increase in compensation to which a claimant or a dependent of a claimant is otherwise entitled by law.

      (Added to NRS by 2003, 490)