Title: IN2 Workers' Compensation /OF 545709

Recommendation:
I recommend that the School Board approve the Worker's Compensation claim  OF #545709 in the amount of $175,000 representing compensation, attorneys' fees and costs and authorize the execution of all related documents.  This settlement will finalize all outstanding issues.

Description:

The Settlement of this claim was recommended by the District's outside counsel and claim adjusters and has been approved by the Chief Counsel, Chief Financial Officer and Director of Employee Benefits and Risk Management as required by District Policy #6.09.

A now 62 year old secretary sustained injuries (right knee, neck, toe, wrist) after a series of 4 falls between 2003 and 2006. Her doctor assessed her with a 24% disability rating and has recommended a total right knee replacement. Settling all claims will avoid a permanent and total disability claim.

The District has paid over $182,000 in medical benefits, wage loss and expenses to date.  Present day value of future exposure is estimated at over $423,000 due to the complications of the knee injury.  Out of the settlement a fee of $49,825 will be paid as follows: $36,825 related to litigated issues, $13,000 related to statutory settlement fee on the washout.  Excess recovery is not anticipated since our retention is $350,000.

The settlement will extinguish all future liabilities.

Financial Impact:
The financial  impact to the District for this settlement is $175,000.  The source of funds is the General Fund.

For Additional Information, contact:
Joseph M. Moore (moorej@palmbeach.k12.fl.us)/ Dianne L. Howard