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7190.0107 PAYMENT OF COMPENSATION.

Subpart 1.

Payment limit.

The total compensation the Pollution Control Agency shall pay to a claimant for household labor lost shall not exceed the limits in Minnesota Statutes, sections 115B.34, subdivision 1, and 115B.36.

Subp. 2.

Payment in lump sum.

The agency will calculate the total lump sum amount of compensation to be paid to a claimant using the following formula:

A = P + C + F

Where:

A = award amount in current dollars

P = the sum of all past years' losses

C = the loss for the current year

F = the sum of all future years' losses, with each year discounted to current value according to Minnesota Statutes, section 604.07, subdivision 4, clauses (1) and (2)

Subp. 3.

Payment in installments.

When the agency chooses to pay the award in installments, it shall adjust future payments by the cost of living rate for the current year as described in Minnesota Statutes, section 604.07, subdivision 4, clause (2).

Statutory Authority:

MS s 115B.34

History:

12 SR 846; L 2002 c 379 art 2 s 23

Published Electronically:

August 18, 2005

Official Publication of the State of Minnesota
Revisor of Statutes