Ohio § 4123.62
Full text of Ohio Ohio Revised Code § 4123.62, with citation guidance and answers to common questions.
§ 4123.62.
(A) If it is established that an injured or disabled employee was of such age and experience
when injured or disabled as that under natural conditions an injured or disabled employee's
wages would be expected to increase, the administrator of workers' compensation may
consider that fact in arriving at an injured or disabled employee's average weekly
wage. (B) On each first day of January, the current maximum monthly benefit amounts provided
in sections 4123.412 , 4123.413 , and 4123.414 of the Revised Code in injury cases shall be adjusted based on the United States department of labor's
national consumer price index. The percentage increase in the cost of living using the index figure for the first
day of September of the preceding year and the first day of September of the year
preceding that year shall be applied to the maximums in effect on the preceding thirty-first
day of December to obtain the increase in the cost of living during that year. In determining the increase in the maximum benefits for any year after 1972, the base
shall be the national consumer price index on the first day of September of the preceding
year. The increase in the index for the applicable twelve-month period shall be determined
and shall be divided by the base used. The resulting percentage shall be applied to the existing maximums to arrive at
the new maximums. (C) Effective January 1, 1974, and each first day of January thereafter, the current
maximum weekly benefit amounts provided in sections 4123.56 , 4123.58 , and 4123.59, and division (B) of section 4123.57 of the Revised Code shall be adjusted based on the increase or decrease in the statewide average weekly
wage. “ Statewide average weekly wage ” means the average weekly earnings of all workers in Ohio employment subject to Chapter
4141. of the Revised Code as determined as of the first day of September for the four
full calendar quarters preceding the first day of July of each year, by the director
of job and family services. The statewide average weekly wage to be used for the determination of compensation
for any employee who sustains an injury, or death, or who contracts an occupational
disease during the subsequent calendar year beginning with the first day of January,
shall be the statewide average weekly wage so determined as of the prior first day
of September adjusted to the next higher even multiple of one dollar. Any change in benefit amounts is effective with respect to injuries sustained, occupational
diseases contracted, and deaths occurring during the calendar year for which adjustment
is made. In determining the change in the maximum benefits for any year after 1978, the base
shall be the statewide average weekly wage on the first day of September of the preceding
year.
Frequently Asked Questions About Ohio § 4123.62
What does Ohio Revised Code § 4123.62 cover?
Section 4123.62 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 4123.62?
A common citation format is "Ohio Revised Code § 4123.62" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 4123.62 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.