Interest Calculator

Overview - Interest is sometimes paid on workers' compensation benefits or bills that have accrued over time. Interest runs from the due date to the date payment is made (Minn. Stat. §176.221(7)). InterestCalc follows the formulas prepared by the Minnesota Department of Labor and Industry. Click here for examples, interest rates, and more information about how Interest Calc works.

Number of weeks (click here to compute the number of weeks between two dates) Interest Rate % Indicate on what type of payments interest should be calculated    Lump Sum   Weekly Benefits