Present Value of Award (with Life Pension)
Settlement-style valuation of a PD award as of a valuation date: the remaining PD weeks at Table 1 (3%) plus, for ratings of 70% and above, the life pension deferred until PD ends at Table 2/3 (3%). This is the statutory-table valuation; it does not project SAWW cost-of-living increases after the life pension commences.
Legacy vs current methodology: with COLA left at 0 this is the plain 3%-table valuation; entering an assumed COLA escalates only the weekly life-pension rate to its commencement date (per Duncan, the first COLA is the January 1 after LP begins). Growth after commencement is not modelled because the DWC tables are fixed-rate annuities. For an explicit-assumption valuation use PV — Future Streams.