NSW govt announces out plans for WorkCover changes

08/08/2012 - The NSW government has announced its implementation plan for its controversial new workers compensation reforms.

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Finance Minister Greg Pearce says the reforms will be carried out in several stages.

Workers injured after October 1 will receive benefits under the new legislation while all other injured workers will move to the new scheme from January 1, 2013.

Guidelines on the WorkCover reforms will be published next month.

The changes adopt many of the recommendations of a parliamentary inquiry which called for major changes to rein in a deficit of more than $4 billion, which the government says risks pushing up premiums by 28 per cent.

Among the changes, weekly benefits will be reduced after 13 weeks, replacing the current system of a 100 per cent payout for 26 weeks.

Source: AAP

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