As we approach the New Year, it’s important to stay informed about changes that may impact your workers’ compensation processes. With the beginning of 2025, there are updates to the statutory maximum and minimum compensation rates in New Jersey, based on the Statewide Average Weekly Wage (SAWW).
Updated Rates for 2025
Effective January 1, 2025, the following changes will apply:
- Statutory Maximum Weekly Rate — Increased to $1,159
- Statutory Minimum Weekly Rate — Increased to $309
These updated rates reflect adjustments tied to changes in the SAWW, ensuring that injured workers receive fair compensation aligned with economic conditions.
What This Means for Employers and Insurers
Employers, insurers, and claims professionals should update their systems and procedures to reflect these new rates for 2025. Failure to apply the correct rates could result in compliance issues or delays in processing claims.
For those managing NJ workers’ compensation claims, the 2025 Schedule of Disabilities Chart provides detailed information on benefits and compensation levels. Staying updated on this chart helps to ensure proper claim handling and compliance with state regulations. Download the 2025 Schedule of Disabilities Chart.
