Selk v. Detroit Plastic Products

The question presented is whether and to what extent workers’ compensation weekly payments that were due and payable before, on, or after January 1, 1982, the effective date of 1981 PA 194,1 which increased the interest *16rate on payments paid pursuant to an award from 5% to 12% per annum, bear interest at the higher rate.

The majority holds that the increase in interest rate is fully retroactive to the date each weekly payment was due if the compensation is paid pursuant to an award of a hearing referee, the WCAB, or a court "entered after January 1, 1982”.2

We would hold (i) that weekly…