PO Box 66699; Albany, NY 12206
nysif.com
Your workers' compensation claim(s) may be eligible for a cash settlement. Under the New York State Workers' (NYS) Compensation law, a Section 32 settlement may provide you with a tax-free lump sum of money or annuity in exchange for closing your workers' compensation claim(s) with NYSIF.
If you are represented by an attorney, please contact your attorney to discuss your interest in a Section 32 settlement. Should you decide to pursue a Section 32 settlement, you and your attorney should complete the bottom portion of this letter and the enclosed Questionnaire for Consideration of Section 32 Settlement Agreement. Return both documents to NYSIF in the enclosed, postage-paid envelope along with your demand for settlement.
If you are not represented by an attorney, and not currently engaged in active negotiations to settle your claim, a NYSIF representative can help you determine your eligibility for a Section 32 settlement and provide information to help you decide if a lump sum settlement option is right for you. Simply complete the enclosed Questionnaire for Consideration of Section 32 Settlement Agreement and return it to NYSIF in the enclosed, postage-paid envelope along with the bottom portion of this letter. A NYSIF representative will contact you to discuss your settlement options.
Encl. C99.16
I am interested in additional information about Section 32 settlement eligibility for my NYS Workers' Compensation claim.