Contractor License Practice Exam

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Prepare for the Contractor License Exam with comprehensive quizzes. Study with multiple choice questions, flashcards, and detailed explanations to ensure you're ready for success on exam day!

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What is not a benefit provided under Workers Compensation?

Payment for loss of limb
Rehabilitation costs
Pension payments
Wage replacement

The correct answer is: Pension payments

Workers' Compensation is designed to provide various benefits to employees who are injured or become ill as a result of their job. Among the primary benefits it offers are payment for medical expenses related to the injury, such as rehabilitation costs, wage replacement for the time off work, and in some cases, compensation for the permanent loss of function, such as the loss of a limb. Pension payments, however, do not fall under the benefits provided by Workers' Compensation. These are typically part of a retirement plan rather than a direct benefit of being injured on the job. Workers' Compensation focuses on immediate and necessary medical expenses and income support due to work-related injuries, rather than ongoing retirement benefits provided after an individual stops working. Thus, while payments for loss of limb, rehabilitation costs, and wage replacement address the direct impacts of workplace injuries, pension payments are separate, unrelated retirement benefits that are not covered under the Workers' Compensation framework.