N001612
Tuesday, January 15, 2002 10:12 AM
FW: Insurance Payout
> -----Original Message-----
> Sent: Friday, January 11, 2002 3:31 PM
> Subject: Insurance Payout
>
> Decreasing the victim compensation by the amount of insurance carried by
> the victim is not fair. Also the salary basis should be on the position
> the victim had when killed not an earlier position the victim might have
> had three years ago with a much lower wage. The base salary in other
> words should be based on their current position and the wage growth
> assumptions starts at that salary base.
>
> My daughter was a victim and had recently been upgraded and going back to
> 1998 would be unfair to obtain an average salary. The three year average
> method is useful in pension calculation for old time employees.
>
> The base salary really should be based on the highest salary because the
> victims were young with increasing salaries each year and the salary
> growth had not flattened as is the case with longer term workers.
>
> Please consider the above points when these rules are finalized.
>
>
Individual Comment
Martinsville,New Jersey