Inputs
Use presets, schedule examples, rating adjustments, and settlement options.
Example Data Table
Sample scenarios to show behavior. Replace with your real inputs.
| Scenario | Weekly Wage | Max Weekly | Rating | Weeks | Key Options | Net (est.) |
|---|---|---|---|---|---|---|
| Moderate rating, scheduled | $1,200 | $1,100 | 15% | 200 | 15% fee | $26,550 |
| Penalty and tax withheld | $1,500 | $1,200 | 18% | 250 | 10% penalty, 8% tax | $44,107 |
| Settlement discount with credits | $1,400 | $1,100 | 10% | 180 | $2,000 credit, 12% discount | $9,806 |
Formula Used
Key Inputs That Drive PPD Value
Average weekly wage, compensation rate, and the maximum weekly limit set the payable weekly amount. Rating percentage and schedule weeks translate medical impairment into time paid. Because weeks are multiplied by the weekly rate, even a five‑point rating difference can materially change the estimate.
Example: With a $1,200 weekly wage, 66.67% rate, and $1,100 cap, weekly rate is $800.04. Using 200 schedule weeks and a 15% rating yields 30 effective weeks and about $24,001 gross. If apportionment is 10% and fees are 15%, net falls near $18,361 before credits. These figures illustrate how each input cascades. Review medical reports, rating worksheets, and benefit caps before relying on outputs, and rerun the model whenever new documents arrive promptly.
Weekly Rate, Caps, and Benefit Timing
The calculator uses WeeklyRate = min(AWW × Rate%, MaxWeekly). If AWW is $2,100 and Rate% is 66.67%, the raw weekly is about $1,400, but a $1,200 cap applies. Payment frequency then spreads the remaining net across weekly or biweekly periods for a timeline view.
Rating Adjustments and Scenario Testing
When factors are enabled, RatingUsed = Rating × AgeFactor × OccFactor, limited to 100%. A 15% rating with factors 1.10 and 1.05 becomes about 17.33%, increasing effective weeks without changing the cap. The sensitivity chart compares net outcomes for rating shifts from −10 to +10 points.
Deductions, Credits, and Settlement Levers
After apportionment and optional penalties, the model subtracts credits, attorney fees, commutation fees, and other costs. It can then apply a settlement discount and optional withholding to estimate take‑home value. The waterfall chart shows each step from gross to net, which supports clear negotiation conversations.
Retro Payments, Present Value, and Documentation
If retro weeks exist, the tool estimates a retro amount and optional interest, then allocates a proportional net between retro and remaining portions. The present value option discounts remaining payments using an annuity approximation. Use exports to document assumptions, update inputs as ratings change, and keep a consistent settlement record.
FAQs
1) What does PPD mean in this calculator?
PPD here refers to a permanent partial disability style estimate. The tool converts a rating percentage and schedule weeks into paid weeks, then multiplies by a capped weekly benefit rate.
2) Which inputs affect the result the most?
Weekly wage, maximum weekly cap, rating used, and schedule weeks typically drive the biggest changes. Deductions such as apportionment, credits, fees, settlement discount, and withholding can meaningfully reduce the net estimate.
3) How should I choose schedule or baseline weeks?
Use the number required by your jurisdiction, policy, or benefit schedule. If you are unsure, keep it as a scenario input and compare outcomes for several plausible week values.
4) What is the adjusted rating option?
Adjusted rating multiplies the entered rating by age and occupation factors, then limits the result to 100%. Use it only when your rules explicitly apply such factors and you have support for the values.
5) What does present value represent?
Present value discounts the remaining payment stream to an estimated value today using an annuity approximation and your discount rate. It is a planning benchmark, not a guarantee of an approved commutation amount.
6) Can I use the exports for my records?
Yes. The CSV and PDF summarize inputs and outputs so you can document assumptions, share scenarios, and rerun calculations when ratings, caps, or deductions change.
How to Use This Calculator
- Pick a preset, then confirm the weekly cap and rate.
- Select scheduled or whole-person, then set weeks.
- Enter your rating, and enable factors if needed.
- Add apportionment, penalties, credits, and fees.
- Use settlement discount and tax withholding if relevant.
- Calculate, review charts, then export your results.