Compensation commuted
If both sides are told about it, the workers' comp commission or court can let an employer off the hook for future payments. To do this, the employer either sets up an annuity or similar payment plan through another responsible party, or deposits a lump sum of money with the commission, which then pays it out to the worker.
287.540. — funds, how paid out. — On notice to the other parties the or court may the employer to be from further under any agreement, or for compensation by furnishing to the person entitled an or other obligation, approved by the commission or court, by which payment is assumed by some responsible person, or by depositing the thereof with the commission to be to the persons entitled thereto in such manner as the commission shall determine.
(RSMo 1939 § 3737)
Prior revision: 1929 § 3347
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Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.