Common use of Compensation for permanent disability Clause in Contracts

Compensation for permanent disability. Compensation for permanent disability shall be paid in proportion to the medical consequences of the accident. Permanent disability shall be evaluated according to injury indices issued by the Disability Committee. The evaluation shall be based on the health of the injured party as it is when it has stabilised. The base amount of disability compensation is ISK 17,317,835. Compensation for permanent disability shall be calculated in such a manner that ISK 173,179 is paid for each disability degree from 1 to 25, ISK 346,357 is paid for each degree of disability from 26 to 50 and 692,713 for each degree of disability from 50 to 100. Compensation for 100% disability, therefore, is ISK 47,624,045. Disability compensation, moreover, shall take account of the age of the injured party so that compensation decreases by 2% for each year past the age of 50. After the age of 70, the compensation shall decrease by 5% of the base amount for each year. However, the age-linking of disability pension shall never lead to greater curtailment than 90%.

Appears in 4 contracts

Samples: Collective Wage Agreement, Wage Agreement, Wage Agreement

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Compensation for permanent disability. Compensation for permanent disability shall be is paid in proportion to the medical consequences of the accident. Permanent disability shall should be evaluated assessed on a points scale, according to injury indices issued a table on level of suffering, which is published by the Disability Committee. The evaluation committee on disability and the assessment shall be based on the health of the injured party as it is when it has stabilisedstable. The base amount total value of disability compensation is ISK 17,317,83517,200,849. Compensation for permanent disability shall be calculated in such a manner that ISK 173,179 is paid for each disability degree point 1-25 a payment of ISK 172,008 is made; for each disability point from 1 to 2526-50 ISK 344,017 is paid; for each disability point 50-100, ISK 346,357 688,034 is paid for each degree of disability from 26 to 50 and 692,713 for each degree of disability from 50 to 100paid. Compensation for 100% disability, therefore, permanent disability is therefore ISK 47,624,04547,302,335. Disability compensation, moreover, compensation shall furthermore take into account of the age of the injured party so on the date of the accident such that compensation decreases by 2% for each year past the of age of after 50. After the age 70 years of 70age, the compensation shall decrease decreases by 5% of the base amount for each yearyear of age. However, the ageAge-linking of related disability pension compensation shall however never lead to greater curtailment impairment than 90%.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

Compensation for permanent disability. Compensation for permanent disability shall be paid in proportion to the medical consequences of the accident. Permanent disability shall be evaluated according to injury indices issued by the Disability Committee. The evaluation shall be based on the health of the injured party as it is when it has stabilised. The base amount of disability compensation is ISK 17,317,83522,412,740. Compensation for permanent disability shall be calculated in such a manner that ISK 173,179 224,128 is paid for each disability degree from 1 to 25, ISK 346,357 448,255 is paid for each degree of disability from 26 to 50 and 692,713 ISK 896,510 for each degree of disability from 50 to 100. Compensation for 100% disability, therefore, is ISK 47,624,04561,635,033. Disability compensation, moreover, shall take account of the age of the injured party party, so that compensation decreases by 2% for each year past the age of 50. After the age of 70, the compensation shall decrease by 5% of the base amount for each year. However, the age-linking of disability pension shall never lead to greater curtailment than 90%.

Appears in 3 contracts

Samples: www.vr.is, www.landssamband.is, www.vr.is

Compensation for permanent disability. Compensation for permanent disability shall be paid in proportion to the medical consequences conse- quences of the accident. Permanent disability shall be evaluated according to injury indices issued by the Disability Committee. The evaluation shall be based on the health of the injured party as it is when it has stabilised. The base amount of disability compensation is ISK 17,317,83518,673,249. Compensation for permanent perma- nent disability shall be calculated in such a manner that ISK 173,179 186,733 is paid for each disability degree from 1 to 25, ISK 346,357 373,465 is paid for each degree of disability from 26 to 50 and 692,713 ISK 746,930 for each degree of disability from 50 to 100. Compensation for 100% disability, therefore, is ISK 47,624,04551,351,434. Disability compensation, moreover, shall take account of the age of the injured party party, so that compensation decreases by 2% for each year past the age of 50. After the age of 70, the compensation shall decrease by 5% of the base amount for each year. However, the age-linking of disability pension shall never lead to greater curtailment than 90%.

Appears in 3 contracts

Samples: Collective Wage Agreement, Collective Wage Agreement, Collective Wage Agreement

Compensation for permanent disability. Compensation for permanent disability shall be paid in proportion to the medical consequences conse- quences of the accident. Permanent disability shall be evaluated according to injury indices issued by the Disability Committee. The evaluation shall be based on the health of the injured party as it is when it has stabilised. The base amount of disability compensation is ISK 17,317,83518,673,249. Compensation for permanent disability shall be calculated in such a manner that ISK 173,179 186,733 is paid for each disability degree from 1 to 25, ISK 346,357 37,465 is paid for each degree of disability from 26 to 50 and 692,713 ISK 746,930 for each degree of disability from 50 to 100. Compensation for 100% disability, therefore, is ISK 47,624,04551,351,434. Disability compensation, moreover, shall take account of the age of the injured party party, so that compensation decreases by 2% for each year past the age of 50. After the age of 70, the compensation shall decrease by 5% of the base amount for each year. However, the age-linking of disability pension shall never lead to greater curtailment than 90%.

Appears in 3 contracts

Samples: www.vr.is, www.fvsa.is, www.vr.is

Compensation for permanent disability. Compensation for permanent disability shall be paid in proportion to the medical consequences of the accident. Permanent disability shall be evaluated according to injury indices issued by the Disability Committee. The evaluation shall be based on the health of the injured party as it is when it has stabilised. The base amount of disability compensation is ISK 17,317,83511,400,000. Compensation for permanent disability shall be calculated in such a manner that ISK 173,179 114,000 is paid for each disability degree from 1 to 25, ISK 346,357 228,000 is paid for each degree of disability from 26 to 50 and 692,713 50, ISK 456,000 for each degree of disability from 50 to 100. Compensation for 100% permanent disability, therefore, is ISK 47,624,04531,350,000. Disability compensation, moreover, benefits shall take account of also be based on the age of the injured party on the day of the accident so that compensation decreases benefits are lowered by 2% for each year past of age after the age of 50. After the age of 70, the compensation 70 benefits shall decrease be lowered by 5% of the base amount for each yearyear of age. However, the age-The linking of disability pension benefits to age shall however never lead to greater curtailment more than a 90%% reduction.

Appears in 1 contract

Samples: Agreement

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Compensation for permanent disability. Compensation for permanent disability shall be paid in proportion to the medical consequences of the accident. Permanent disability shall be evaluated according to injury indices issued by the Disability Committee. The evaluation shall be based on the health of the injured party as it is when it has stabilised. The base amount of disability compensation is ISK 17,317,83518,673,248. Compensation for permanent disability shall be calculated in such a manner that ISK 173,179 186,732 is paid for each disability degree from 1 to 25, ISK 346,357 373,465 is paid for each degree of disability from 26 to 50 and 692,713 746,930 for each degree of disability from 50 to 100. Compensation for 100% disability, therefore, is ISK 47,624,04551,351,433. Disability compensation, moreover, shall take account of the age of the injured party party, so that compensation decreases by 2% for each year past the age of 50. After the age of 70, the compensation shall decrease by 5% of the base amount for each year. However, the age-linking of disability pension shall never lead to greater curtailment than 90%.

Appears in 1 contract

Samples: Agreement

Compensation for permanent disability. Compensation for permanent disability shall be is paid in proportion to the medical consequences of the accident. Permanent disability shall should be evaluated assessed on a points scale, according to injury indices issued a table on level of suffering, which is published by the Disability Committee. The evaluation committee on disability and the assessment shall be based on the health of the injured party as it is when it has stabilisedstable. The base amount total value of disability compensation is ISK 17,317,83518,673,248. Compensation for permanent disability shall be calculated in such a manner that ISK 173,179 is paid for each disability degree point 1-25 a payment of ISK 186,732 is made; for each disability point from 1 to 2526-50 ISK 373,465 is paid; for each disability point 50-100, ISK 346,357 746,930 is paid for each degree of disability from 26 to 50 and 692,713 for each degree of disability from 50 to 100paid. Compensation for 100% disability, therefore, permanent disability is therefore ISK 47,624,04551,351,433. Disability compensation, moreover, compensation shall furthermore take into account of the age of the injured party so on the date of the accident such that compensation decreases by 2% for each year past the of age of after 50. After the age 70 years of 70age, the compensation shall decrease decreases by 5% of the base amount for each yearyear of age. However, the ageAge-linking of related disability pension compensation shall however never lead to greater curtailment impairment than 90%.

Appears in 1 contract

Samples: www.sgs.is

Compensation for permanent disability. Compensation for permanent disability shall be is paid in proportion to the medical consequences of the accident. Permanent disability shall should be evaluated assessed on a points scale, according to injury indices issued a table on level of suffering, which is published by the Disability Committee. The evaluation committee on disability and the assessment shall be based on the health of the injured party as it is when it has stabilisedstable. The base amount total value of disability compensation is ISK 17,317,83522,412,738. Compensation for permanent disability shall be calculated in such a manner that ISK 173,179 is paid for each disability degree point 1-25 a payment of ISK 224,127 is made; for each disability point from 1 to 2526-50 ISK 448,255 is paid; for each disability point 50-100, ISK 346,357 896,510 is paid for each degree of disability from 26 to 50 and 692,713 for each degree of disability from 50 to 100paid. Compensation for 100% disability, therefore, permanent disability is therefore ISK 47,624,04561,635,032. Disability compensation, moreover, compensation shall furthermore take into account of the age of the injured party so on the date of the accident such that compensation decreases by 2% for each year past the of age of after 50. After the age 70 years of 70age, the compensation shall decrease decreases by 5% of the base amount for each yearyear of age. However, the ageAge-linking of related disability pension compensation shall however never lead to greater curtailment impairment than 90%.

Appears in 1 contract

Samples: Agreement

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