Lump-sum and periodic compensations for loss of participation
Lump-sum compensation for the loss of participation may be as following:
- in case of loss of up to 20% (inclusive) of the level of participation for work: 7,76 % of his 24-month compensatory wage applied for the calculation of a lump-sum compensation;
- in case of loss of 21–29% (inclusive) of the participation for work: 15,52 % of his 24-month compensatory wage applied for the calculation of a lump-sum compensation.
The periodic compensation for the loss of participation for work is paid to the insured individuals when due to accident at work or occupational disease they lose at least 30% (inclusive) and more of their lost participation for work.
The periodic compensation for the loss participation is paid up to the end of the period of lost participation determined by the Agency for the Protection of the Rights of Persons with Disability under the Ministry of Social Security and Labour.
Special formula for calculating Periodic Compensation for Loss of participation is 0.5 x d x k x 0,7758x D*
d – coefficient of the lost participation for work means the amount expressed in unit parts, calculated by dividing the lost participation percentage by 100;
k – compensation coefficient in the event of an accident at work (service), an accident on the way to/from work (service) or an acute occupational disease is the ratio of individual’s average monthly insured income during the last twelve consecutive months counting backwards from the end of the last but one calendar month before the month in which an accident at work, an accident on the way to/from work or an acute occupational disease was established, to the insured income of the current year in effect at the time of establishing an accident at work, an accident on the way to/from work or occupational disease.This coefficient shall also apply while calculating a periodic compensation for lost participation for work, when a person to whom a chronic occupational disease is established, is not entitled to incapacity (disability) or old-age pension under the Law on State Social Insurance Pensions;
D – Country’s average monthly wage means the average monthly wage (including wage data for individual undertakings) in the national economy as published by Statistics Lithuania.
*Periodic compensation which are granted and paid in accordance with the Provisional Law of the Republic of Lithuania on Compensation for Damage Due to Accidents at Work or Occupational Diseases No. VIII-366 is calculated according to the formula 0.5 x d x k x 0.5043 x D.