20 CFR 341.2 - Sum or damages paid or payable.
(a) The term “sum or damages paid or payable” means the amount of money that an employee recovers because of any claim of liability based upon his or her injury or illness.
(1) An amount specified in a settlement or award as payment for any loss of property, or the amount of a settlement or award specifically apportioned as pay for lost time.
(4) “No-Fault” personal-injury protection benefits or any other benefits paid under a health, sickness, accident or similar insurance policy carried by an employee.
Title 20 published on 2012-04-01.
No entries appear in the Federal Register after this date, for 20 CFR Part 341.