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Arizona Administrative Code (Last Updated: November 17, 2016) |
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Title 20. COMMERCE, FINANCIAL INSTITUTIONS, AND INSURANCE |
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Chapter 5. INDUSTRIAL COMMISSION OF ARIZONA |
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Article 1. WORKERS’ COMPENSATION PRACTICE AND PROCEDURE |
Section R20-5-122. Lump Sum Commutation
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A. A petition for a lump sum commutation in an unscheduled case shall not be approved unless the carrier approves of such petition.
B. If the lump sum commutation petition is approved by the car- rier, the Commission’s primary consideration in passing upon the petition will be whether more net income per month will be generated after receipt of the lump sum than the applicant is presently receiving. The granting of a lump sum petition will only be granted if the facts demonstrate a reasonable basis for financial betterment or rehabilitation of the claimant.
C. The burden of proving that the commutation of compensation satisfies the criteria in (B) is on the applicant.
Historical Note
Former Rule 22. Amended subsections (A) and (B) effec- tive March 1, 1987, filed February 26, 1987 (Supp. 87-1). R20-5-122 recodified from R4-13-122 (Supp. 95-1).