Work

The Importance of Statistically Measured Worklife Expectancy

Year: 2020
Type: article
Abstract: Worklife Expectancy can be either assumed to a particular age or statistically measured. In cases of permanent partial disability, it is essential to statistically measure worklife expectancy in the post-injury scenario if the client retains the capacity to perform work and earn money. Failing to do so leads to a substantial underestimation of the lifetime loss of future earning capacity. This article discusses the importance of applying statistically measured worklife expectancy and builds upon previously published articles concerning measuring worklife expectancy in three ways: 1. (1) updated data (2013-2017 versions of ACS data), (2) four case scenarios where utilization of ACS data is important, and (3) an integration of how measurement of worklife expectancy fits into the damages model.
Language: English
Open Access status: hybrid
OpenAlex ID: W4416058900
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