State Codes and Statutes

Statutes > Iowa > Title-3 > Subtitle-2 > Chapter-85 > 85-45

        85.45  COMMUTATION.
         1.  Future payments of compensation may be commuted to a present
      worth lump sum payment on the following conditions:
         a.  When the period during which compensation is payable can
      be definitely determined.
         b.  When it shall be shown to the satisfaction of the workers'
      compensation commissioner that such commutation will be for the best
      interest of the person or persons entitled to the compensation, or
      that periodical payments as compared with a lump sum payment will
      entail undue expense, hardship, or inconvenience upon the employer
      liable therefor.
         c.  When the recipient of commuted benefits is a minor
      employee, the workers' compensation commissioner may order that such
      benefits be paid to a trustee as provided in section 85.49.
         d.  When a person seeking a commutation is a surviving spouse,
      an employee with a permanent and total disability, or a dependent who
      is entitled to benefits as provided in section 85.31, subsection 1,
      paragraph "a", subparagraphs (3) and (4), the future payments
      which may be commuted shall not exceed the number of weeks which
      shall be indicated by probability tables designated by the workers'
      compensation commissioner for death and remarriage, subject to the
      provisions of chapter 17A.
         2.  Future payments of compensation shall not be commuted to a
      present worth lump sum payment when the employee is an inmate as set
      forth in section 85.59.  
         Section History: Early Form
         [S13, § 2477-m14; C24, 27, 31, 35, 39, § 1405; C46, 50, 54,
      58, 62, 66, 71, 73, 75, 77, 79, 81, § 85.45] 
         Section History: Recent Form
         96 Acts, ch 1129, § 19; 98 Acts, ch 1061, § 11; 2008 Acts, ch
      1032, §171
         Referred to in § 87.11, 515B.5
         Intent; commutation of future payments to a present lump-sum
      payment; 86 Acts, ch 1246, § 604
         See also § 87.11

State Codes and Statutes

Statutes > Iowa > Title-3 > Subtitle-2 > Chapter-85 > 85-45

        85.45  COMMUTATION.
         1.  Future payments of compensation may be commuted to a present
      worth lump sum payment on the following conditions:
         a.  When the period during which compensation is payable can
      be definitely determined.
         b.  When it shall be shown to the satisfaction of the workers'
      compensation commissioner that such commutation will be for the best
      interest of the person or persons entitled to the compensation, or
      that periodical payments as compared with a lump sum payment will
      entail undue expense, hardship, or inconvenience upon the employer
      liable therefor.
         c.  When the recipient of commuted benefits is a minor
      employee, the workers' compensation commissioner may order that such
      benefits be paid to a trustee as provided in section 85.49.
         d.  When a person seeking a commutation is a surviving spouse,
      an employee with a permanent and total disability, or a dependent who
      is entitled to benefits as provided in section 85.31, subsection 1,
      paragraph "a", subparagraphs (3) and (4), the future payments
      which may be commuted shall not exceed the number of weeks which
      shall be indicated by probability tables designated by the workers'
      compensation commissioner for death and remarriage, subject to the
      provisions of chapter 17A.
         2.  Future payments of compensation shall not be commuted to a
      present worth lump sum payment when the employee is an inmate as set
      forth in section 85.59.  
         Section History: Early Form
         [S13, § 2477-m14; C24, 27, 31, 35, 39, § 1405; C46, 50, 54,
      58, 62, 66, 71, 73, 75, 77, 79, 81, § 85.45] 
         Section History: Recent Form
         96 Acts, ch 1129, § 19; 98 Acts, ch 1061, § 11; 2008 Acts, ch
      1032, §171
         Referred to in § 87.11, 515B.5
         Intent; commutation of future payments to a present lump-sum
      payment; 86 Acts, ch 1246, § 604
         See also § 87.11

State Codes and Statutes

State Codes and Statutes

Statutes > Iowa > Title-3 > Subtitle-2 > Chapter-85 > 85-45

        85.45  COMMUTATION.
         1.  Future payments of compensation may be commuted to a present
      worth lump sum payment on the following conditions:
         a.  When the period during which compensation is payable can
      be definitely determined.
         b.  When it shall be shown to the satisfaction of the workers'
      compensation commissioner that such commutation will be for the best
      interest of the person or persons entitled to the compensation, or
      that periodical payments as compared with a lump sum payment will
      entail undue expense, hardship, or inconvenience upon the employer
      liable therefor.
         c.  When the recipient of commuted benefits is a minor
      employee, the workers' compensation commissioner may order that such
      benefits be paid to a trustee as provided in section 85.49.
         d.  When a person seeking a commutation is a surviving spouse,
      an employee with a permanent and total disability, or a dependent who
      is entitled to benefits as provided in section 85.31, subsection 1,
      paragraph "a", subparagraphs (3) and (4), the future payments
      which may be commuted shall not exceed the number of weeks which
      shall be indicated by probability tables designated by the workers'
      compensation commissioner for death and remarriage, subject to the
      provisions of chapter 17A.
         2.  Future payments of compensation shall not be commuted to a
      present worth lump sum payment when the employee is an inmate as set
      forth in section 85.59.  
         Section History: Early Form
         [S13, § 2477-m14; C24, 27, 31, 35, 39, § 1405; C46, 50, 54,
      58, 62, 66, 71, 73, 75, 77, 79, 81, § 85.45] 
         Section History: Recent Form
         96 Acts, ch 1129, § 19; 98 Acts, ch 1061, § 11; 2008 Acts, ch
      1032, §171
         Referred to in § 87.11, 515B.5
         Intent; commutation of future payments to a present lump-sum
      payment; 86 Acts, ch 1246, § 604
         See also § 87.11