Rates (Min-Max Benefits, COLA, Mileage)

Description

This is the Virginia Workers’ Compensation Commission chronological compensation benefits chart.

2024 Rates:

  • Effective January 1, 2024 the mileage reimbursement rate will be $.67 per mile.
  • Effective July 1, 2024 the maximum compensation rate will be $1410.00.
  • Effective July 1, 2024 the minimum compensation rate will be $352.50.
  • Effective October 1, 2024 the cost of living (COLA) rate will be 3.35%.

2023 Rates:

  • Effective January 1, 2023 the mileage reimbursement rate will be $.655 per mile.
  • Effective July 1, 2023 the maximum compensation rate will be $1343.00.
  • Effective July 1, 2023 the minimum compensation rate will be $335.75.
  • Effective October 1, 2023 the cost of living (COLA) rate will be 6.4%.

2022 Rates:

  • Effective April 1, 2022 the mileage reimbursement rate will be $.585 per mile.
  • Effective July 1, 2022 the maximum compensation rate will be $1290.00.
  • Effective July 1, 2022 the minimum compensation rate will be $322.50.
  • Effective July 1, 2022, the mileage reimbursement rate will be $.625 per mile.
  • Effective October 1, 2022 the cost of living (COLA) rate will be 7.4%.

2021 Rates:

  • Effective January 1, 2021, the mileage reimbursement rate will be $.555 per mile.
  • Effective July 1, 2021, the maximum compensation rate will be $1,195.
  • Effective July 1, 2021, the minimum compensation rate will be $298.75.
  • Effective October 1, 2021, the cost of living (COLA) rate will be 1.4%.

2020 Rates:

  • Effective January 1, 2020, the mileage reimbursement rate will be $.555 per mile.
  • Effective July 1, 2020, the maximum compensation rate will be $1,137.
  • Effective July 1, 2020, the minimum compensation rate will be $284.25.
  • Effective October 1, 2020, the cost of living (COLA) rate will be 2.3%.

2019 Rates:

  • Effective January 1, 2019, the mileage reimbursement rate will be $.555 per mile.
  • Effective July 1, 2019, the maximum compensation rate will be $1,102.
  • Effective July 1, 2019, the minimum compensation rate will be $275.50.
  • Effective October 1, 2019, the cost of living (COLA) rate will be 1.85%.

2018 Rates:

  • Effective January 1, 2018, the mileage reimbursement rate will be $.555 per mile.
  • Effective July 1, 2018, the maximum compensation rate will be $1082.00.
  • Effective July 1, 2018, the minimum compensation rate will be $270.50.
  • Effective October 1, 2018, the cost of living (COLA) rate will be 2.15%.