The confidentiality agreement and why you need to pay close attention to what you are signing when settling a workers compensation case.
CNN published an interesting story last week about a man who forfeited an $80,000 discrimination settlement after his daughter posted about it on Facebook. The terms of the settlement required confidentiality and this was broken when she blasted it to 1200 followers. The defendant quickly became aware and refused to make payment.
Many employers insist on confidentiality as part of a settlement. This means you cannot discuss the terms or what is to be paid. Penalties can be severe. It can include a specific dollar amount or require the entire settlement to be paid back.
We tell our clients to keep their settlements hush-hush. This will keep gossip to a minimum and ensure no future problems. Here are some other potential settlement issues you need to know about.
It is common to sign a resignation when settling your workers compensation case. This is a smart decision if you are capable of transitioning to a new career or can find a better job. We ask our clients to think about the future and determine what is in their best interest.
Waiver of seniority
You could also be giving up any seniority rights that have accrued. This could be very important if you are entitled to a pension after a number of years. Your settlement could be less valuable than lifetime pension benefits. Speak with an experienced workers compensation lawyer before signing any settlement documents.
Release of all claims
Settlement usually requires giving up any other lawsuit against the employer or its insurance company. This includes not only workers compensation but any cause of action.
To speak with one of our Michigan workers compensation lawyers, call (855) 221-2667 for a free telephone consultation.
– Alex Berman is the founder of Michigan Workers Comp Lawyers. Hes been representing injured and disabled workers exclusively for more than 35 years. Alex has helped countless people obtain workers compensation benefits and never charges a fee to evaluate a case.
– Photo courtesy of Creative Commons, Images_of_Money.