A bill for an act requiring certain weekly workers’ compensation benefits to be calculated by including an employee’s overtime and premium pay, and to include an annual cost-of-living adjustment.

This bill changes how Iowa calculates weekly workers' compensation benefits for injured workers. It requires benefits to include overtime and premium pay in the calculation (previously excluded), and adds an annual cost-of-living adjustment based on Social Security's adjustment. These changes apply specifically to injured workers who earned overtime or premium pay before their injury. The law modifies existing calculation methods in Iowa Code §85.36 to ensure benefits reflect their actual pre-injury earnings and adjust for inflation.