which settlement is better???

[slapshot53]

hello everyone , and a thank you for your past responses as they do help to at least keep your sanity for another couple of days...haha... anyway in ILLINOIS , i will enter voccational rehab, have a attorney , had a multilevel spinal fusion done was terminated from a non union job and now life will start again (hopefully) my ? is for voc. rehab you can take a settlement termed person as a whole OR if you take wage differential and obviously from reading from some of you guys, they at some point factor in life expectancy, i believe, and from someone making a 1000 dollars a week then and noe with minimal skills will probably end up with a ten dollar an hour job if lucky, which is better ???? i have permanent res. of light duty , with lifting of 30 poundsmax... am 55 years young, still getting ttd, but lets face it as time goes on , they will want to settle.....i do not know how long they will or can retrain me, but i do knowthey have to ..i have in my possession a script for voc. rehab. ... incidentally ,for all of you out ther , there are booklets available from the ill. industrial commission, FREE. to be mailed to you if you call them.. the handbook itself, and the actual revised ill. workers comp. act itself. ....you owe it to yourself or your loved ones to read and educate yourselves so get it and if you live in another state, i am sure they have something similar , ASK, once again . thanks for all relative info. it is awesome!!!!!

[Lilly]

Hi Slapshot....
I can't answer your question, so I'm bumping this up for "those in the know" to answer you.
Lilly

[Bad Boy Bad Boy]

I can tell you this. I too, as said before am from Illinois. It has been also told to me, because of my high weekly pay also, that a wage differential settlement will be much higher. It is also my Opinion that it be paid in a lump sum. It will take some work from the Attorney to properly write the settlement terms. So it shows money paid out over the years till retirement. This has to be done if on SSDI, and when you retire and put on SS. Also, a Medicare Set-Aside Fund needs to be in place if your on SSDI. These things do need to be worked out before you do take the settlement.

[lfoster21]

Bad Boy, my lawyer was just telling me that if I wanted to ask for a settlement, that we should do it soon, because with the medicare set aside part of the settlement...it takes medicare a long time to get that taken care of. Have you already had to do this and if so, do you remember how long it took medicare to finish their part? Are we talking months or years? Just curious if you knew this info.