Sec. 355.
(1) The maximum weekly rate shall be adjusted once each year in accordance with the increase or decrease in the average weekly wage in covered employment, as determined by the Michigan employment security commission.
(2) Effective January 1, 1982, and each January 1 thereafter, the maximum weekly rate of compensation for injuries occurring within that year shall be established as 90% of the state average weekly wage as of the prior June 30, adjusted to the next higher multiple of $1.00.
(3) For the purpose of computing the supplemental benefit under section 352, the state average weekly wage for any injury year shall be the average weekly wage in covered employment determined by the Michigan employment security commission for the 12 months ending June 30 of the preceding year.
History: 1969, Act 317, Eff. Dec. 31, 1969 ;-- Am. 1980, Act 357, Eff. Jan. 1, 1982 ;-- Am. 1982, Act 32, Imd. Eff. Mar. 10, 1982 Popular Name: Act 317Popular Name: Heart and Lung Act
Structure Michigan Compiled Laws
Chapter 418 - Worker's Disability Compensation
Act 317 of 1969 - Worker's Disability Compensation Act of 1969 (418.101 - 418.941)
317-1969-3 - Chapter 3 Compensation (418.301...418.391)
Section 418.302 - "Wage Earning Capacity" Defined.
Section 418.305 - Wilful Misconduct of Employee.
Section 418.311 - Compensation Payments; Computations.
Section 418.313 - “After-Tax Average Weekly Wage” Defined; Tables.
Section 418.315a - Medical Marihuana Treatment; Reimbursement by Employer Not Required.
Section 418.319 - Medical or Vocational Rehabilitation Services.
Section 418.321 - Compensation for Death Resulting From Personal Injury.
Section 418.341 - Dependents; Qualifications; Party in Interest.
Section 418.352 - Supplement to Weekly Compensation.
Section 418.353 - Determination of Dependency.
Section 418.354 - Coordination of Benefits.
Section 418.355 - Adjustment of Maximum Weekly Rate; Computing Supplemental Benefit.
Section 418.357 - Employee 65 or Older; Reduction of Weekly Payments; Exception.
Section 418.358 - Reduction of Benefits.
Section 418.359 - Repealed. 1985, Act 103, Imd. Eff. July 10, 1985.
Section 418.364 - Repealed. 2011, Act 266, Imd. Eff. Dec. 19, 2011.
Section 418.371 - Weekly Loss in Wages; Average Weekly Wage.
Section 418.375 - Death of Injured Employee; Death Benefits in Lieu of Further Disability Indemnity.
Section 418.383 - Notice of Injury; Unintentional Errors; Actual Knowledge.