The total compensation the Pollution Control Agency shall pay to a claimant for household labor lost shall not exceed the limits in Minnesota Statutes, sections 115B.34, subdivision 1, and 115B.36.
The agency will calculate the total lump sum amount of compensation to be paid to a claimant using the following formula:
A = P + C + F
Where:
A = award amount in current dollars
P = the sum of all past years' losses
C = the loss for the current year
F = the sum of all future years' losses, with each year discounted to current value according to Minnesota Statutes, section 604.07, subdivision 4, clauses (1) and (2)
When the agency chooses to pay the award in installments, it shall adjust future payments by the cost of living rate for the current year as described in Minnesota Statutes, section 604.07, subdivision 4, clause (2).
Minn. R. agency 167, ch. 7190, HOUSEHOLD LABOR COMPENSATION, pt. 7190.0107
Statutory Authority: MS s 115B.34