LABOR AND INDUSTRIAL RELATIONS Workers\u27 Compensation: Amend Certain Provisions

The Act changes various provisions of Georgia\u27s workers\u27 compensation law. In particular, the Act redefines those who are presumed to be totally dependent upon an employee who dies as the result of an on-the-job accident. Further, it authorizes no-liability stipulated settlements between parties, to be approved by the Board of Workers\u27 Compensation. The Act also authorizes agreements for lump sum settlements that are prorated over the life expectancy of the injured employee. The Act increases various statutory maximum and minimum workers\u27 compensation payments. It also provides electronic fund transfer as an option for paying benefits