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Loss of Income
Periodic Reassessment of Amounts Payable
Current Limitations for LOI Payment
Current limitations for payments relating to compensation
for Loss of Income:
- Pre-claim net income will
not exceed $300,000 (to be multiplied by the Pension
Index ratio of the current year to 1999).
Possible Amendments
The Courts may from time to time, on the recommendation of
the Joint
Committee:
- Amend this limitation with respect to the maximum
pre-claim net income of $300,000 for the PIP's or SIP's
Annual Loss of Net Income Calculation.
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