New York Codes, Rules and Regulations
Title 12 - DEPARTMENT OF LABOR
Chapter V - Workers' Compensation
Subchapter I - Actuarial Procedure
Part 392 - Computation Of Interest On Awards
Section 392.2 - Interest rate
Universal Citation: 12 NY Comp Codes Rules and Regs ยง 392.2
Current through Register Vol. 46, No. 12, March 20, 2024
In computing the interest due on an award, the actuary shall use simple interest at the rate provided in section 5004 of the Civil Practice Law and Rules, except as provided in section 27 of the Workers' Compensation Law.
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