§ 8-47-106 — State average weekly wage - method of computation

The state
average weekly wage shall be established by the director annually on or before July
1 of each year. The state average weekly wage shall be determined from the
average weekly earnings referenced in section 8-73-102 (1), computed by the
division in June on the basis of the most recent available figures, and applicable to
the ensuing twelve months beginning July 1. Such state average weekly wage shall
automatically form the basis for establishing maximum benefits under the
Workers' Compensation Act of Colorado as of 12:01 a.m., July 1, 1974, and at each
succeeding time and date annually thereafter.

Legislative History

Source: L. 90: Entire article R&RE, p. 553, � 1, effective July 1.