Vermont § 652 - Periodical payments; lump sum payments

§ 652. Periodical payments; lump sum payments

• (a) Upon application of either party, the Commissioner may authorize compensation to be
  paid monthly or quarterly instead of weekly, having regard to the welfare of the employee
  and the convenience of the employer. (b) Upon application of the employee, if the Commissioner finds it to be in the best interests
  of the employee or the employee’s dependents, the Commissioner may order the payment
  of permanent disability benefits pursuant to section 644 or 648 of this chapter to
  be paid in a lump sum. (c) Unless otherwise requested by the claimant, an order for a lump sum payment of permanent
  partial or permanent total disability benefits or a lump sum settlement of a disputed
  claim shall include a provision accounting for excludable expenses and prorating the
  remainder of the lump sum payment in the manner set forth by the Social Security Administration
  in order to protect the claimant’s entitlement to Social Security benefits. (Amended 1999, No. 97 (Adj. Sess.), § 2; 2005, No. 212 (Adj. Sess.), § 7, eff. May 29, 2006; 2023, No. 85 (Adj. Sess.), § 134, eff. July 1, 2024.)