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Frequently Asked Questions

How is the compensation rate determined?

wcc.sc.gov - default
You are entitled to compensation at the rate of 66 2/3 percent of your average weekly wage based on the four quarters prior to your injury, but no more than the maximum average weekly wage determined each year by the South Carolina Employment Security Commission. If you were working two or more jobs at the time of accident, those wages may be included as part of the average weekly wage and compensation rate.
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How was the 2.75% rate determined?

Frequently Asked Questions
That rate is determined by our vendor, infiNET. The Service Charge is charged to your credit or debit card and paid to infiNET.
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How is the compensation grant determined?

The Road Home | Homeowners | Frequent Questions
Note: This example illustrates the basic concepts that apply to the calculations under option 1 and does not reflect your funding assistance amounts. If damage to your home is estimated at less than 51% known as a Type 2, the compensation grant is the lesser of the pre-storm value minus other assistance provided or the estimated cost of damage minus other assistance provided (i.e. the same formula for Option 1 applies.
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How is compensation determined for an injury?

wcc.sc.gov - default
Workers' compensation pays for necessary medical treatment, loss of wages during the disability, and compensation for permanent disability or disfigurement. If an injured employee is unable to work for more than seven days, the employee is eligible for payment for lost wages. This compensation is limited to two-thirds of the employee's weekly wage, limited to the current weekly wage in South Carolina.
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How is the Compensation Determined?

HHBP Roof Shakes Class Action Settlement - FAQs
The Settlement contains a Compensation Formula, which will be used to determine how much, if any, money you are entitled to receive for Damaged JHBP Roof Shakes.
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How are workers' compensation premiums determined?

wcc.sc.gov - default
To put it in simple terms: how much an employer pays for workers' compensation insurance is determined by the number of employees, their total wages, the type of jobs they perform, and the employer's history of accidents and claims. Insurance companies assign rates to each type of job, charging more to cover riskier jobs. While the rates are regulated by the S.C. Department of Insurance, it is a competitive market and the rates differ for different insurance companies.
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How is my tax rate determined?

DETR Frequently Asked Questions
I'm an officer an sole shareholder of a subchapter "S" corporation. Why should I have to pay taxes on myself? I'll never be able to draw benefits.
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How will the "rural rate" be determined?

CCB Public Notice DA 97-1932
The rural rate, used to determine the credit or reimbursement due a carrier, is the average of the rates charged to commercial customers, other than health care providers, for identical or similar services in the same rural area in which the rural health care provider is located.
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When will a payment error rate be determined for Alaska ?

State of Alaska | PERM Frequently Asked Questions
The process of evaluating payment accuracy, called the “production cycle,” will take about a year. Then an Alaska Medicaid payment error rate will be calculated.
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How is my interest rate determined?

FAQs: Consolidate Student Loans, Apply for PLUS, Get Staffor...
Stafford loans have a low, fixed rate, which is set by the federal government. The current rate is 6.8%.
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ASLS Federal Consolidation FAQ | American Student Loan Servi...
The interest rate is determined by taking a weighted average of the interest rates on all loans being consolidated and rounding up to the nearest 1/8 of 1%, the cap on a Federal consolidation loan is 8.25%.
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The Federal Loan Source
Federal student loans carry a variable interest rate that is recalculated by Congress every year based on a formula dictated by federal regulation. The advantage to a federal Consolidation loan is that you lock in a fixed interest rate for the life of your loan.
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Frequently Asked Questions: Get a PLUS Loan, Get Money for C...
PLUS loans have a fixed rate, which is set by the Federal Government. The current interest rate for PLUS Loans in repayment is 8.5%.
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SLM Mortgage Center
Interest rates vary primarily based on the type and purpose of a loan, your credit history and income, loan amount, value of property, and the number of points you are willing to pay.
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ASLS (American Student Loans Services) FAQ | American Studen...
The interest rate is determined by taking a weighted average of the interest rates on all loans being consolidated and rounding up to the nearest 1/8 of 1%. The cap on a Federal consolidation loan is 8.25%.
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National Student Lending: FAQs
By the last day you attended school (not when you graduated and walked with your class), the type of loans you have, and when they were disbursed.
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Chase Student Loans
The statutory interest rate of a PLUS Loan disbursed on or after July 1, 2006 is fixed at 8.5%. PLUS loans disbursed prior to July 1, 2006 are variable rate loans that adjust annually on July 1st. For all periods during repayment, including forbearance and deferment, the variable interest rate for plus loans disbused between 1998 and June 30, 2006: 8.02%.
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How do they figure my workers' compensation rate?

Administration - Hearings & Appeals - FAQ
Weekly compensation is based on 66 2/3% of your average weekly wage. To determine average weekly wage, gross wages are added together for 26 weeks up to 52 weeks preceding injury, then divided by the number of weeks. If less than 26 weeks, they may use rate of hire.
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How is my workers' compensation premium determined?

Pinnacol | Frequently Asked Questions
Premium is the amount you pay to Pinnacol Assurance after all discounts and experience modification factors have been applied to your policy. Rates are the amount assessed to the business classification code that best describes your business. There are approximately 600 industrial classifications and each is assigned a rate, per $100 in payroll, which corresponds to its potential for loss.
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How will compensation for the easement be determined?

Cheyenne Plains Gas Pipeline Company
The Company has arranged for market analyses of representative properties throughout the length of the project. These analyses will serve as guidelines for the value of the property. On this basis, Company land agents will contact each landowner to negotiate a proposed compensation. The Company will obtain an easement based upon a one time payment.
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How is the directors compensation determined?

SQM - FAQ
Every year the Annual General Shareholders Meeting approves the compensation paid to the Board of Directors
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How is compensation determined at Mercer?

Mercer Human Resource Consulting: human resources management...
There are different types of compensation that are associated with different job levels. However, all of Mercerâ??s reward programs share a common foundation. Using our Partnering for Success program, Mercer establishes a clear link between the work you do and your rewards. All employees set annual performance goals in four categories â?" clients, people, process, and financial.
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How is the amount of disability compensation determined?

Veteran's Benefits FAQs - Military Benefits - Military.com
The amount of your disability compensation depends on the seriousness of your disability. When you apply for disability compensation, your medical records are reviewed and usually you have a VA medical examination. Your disability is rated and expressed as a percentage. The monthly payment you receive is based on this percentage. If you have dependents, an additional allowance may be added if your disability is over 30%.
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How are compensation levels determined?

Careers in Marketing | Careers in Sales | FMCG Careers | Sal...
We offer competitive compensation. Compensation depends on the level of responsibility, qualification and experience of the candidate. In arriving at the compensation levels, we look at:
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How was the 96% success rate determined?

FAQ (Frequently Asked Questions) : GenSelect.com
The success rate of each GenSelect Home Kit component for gender selection is over 80% effective individually, as determined by documented independent clinical trials. By combining Home Kit products, practices, and procedures into a Fully Integrated System with each acting as an independent variable, the statistical probability of conceiving the desired Boy Baby or Girl Baby exceeds 96%.
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Question 16: When conducting a Discovery Sample, how is the error rate determined?

HHS-OIG-Fraud Prevention&Detection - Corporate Integrity Agr...
In a Discovery Sample, as in a Probe Sample, each sampling unit is evaluated to determine the dollar difference between the amount that was reimbursed and the amount that should have been reimbursed. Once all sampling units have been reviewed, the results of each sampling unit are added together (underpayments may be netted or offset from overpayments). The resulting calculation is the net overpayment. The reviewer divides the net overpayment by the total dollar amount of the sample.
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