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Loss Of Earnings Claim Calculator

Work out loss of earnings claim instantly with clear inputs, formula shown and shareable results.

About Loss Of Earnings Claim Calculator

Loss of earnings splits into past loss, which is a matter of arithmetic on payslips, and future loss, calculated as the annual shortfall in earning capacity multiplied by an actuarial multiplier reflecting the remaining working life and discounted for early receipt.

Formulas

Past loss

Past loss = Annual net earnings / 12 x Months absent

Future loss

Future loss = Annual net earnings x (1 - Residual capacity %) x Multiplier

Worked example

With the default values below, Loss Of Earnings Claim Calculator returns Total loss of earnings claim of $1,344,000.00. Change any input above and every figure here is recalculated in your browser.

Inputs used

Annual net earnings
720,000
Months absent from work
8
Residual earning capacity after recovery
80
Multiplier for future loss
6

Results

Total loss of earnings claim
$1,344,000.00
Past loss to date
$480,000.00
Future loss of earnings
$864,000.00
Annual future shortfall
$144,000.00

Step by step

  1. 1Values used
  2. 2Past loss
  3. 3Future loss
  4. 4Total loss of earnings claim= 1,344,000.00
  5. 5Past loss to date= 480,000.00
  6. 6Future loss of earnings= 864,000.00
  7. 7Annual future shortfall= 144,000.00

Assumptions and limits

  • The result is derived only from the 4 inputs listed above. Anything not among them is not part of the calculation.
  • In particular, this calculator does not take inflation, tax or fees or charges into account.
  • Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
  • Indicative estimate only. Fees, entitlements, limits and formulas vary by jurisdiction, statute, policy wording and the facts of the case. This is not legal, tax, insurance or financial advice — confirm with a qualified professional or the relevant authority.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Indicative estimate only. Fees, entitlements, limits and formulas vary by jurisdiction, statute, policy wording and the facts of the case. This is not legal, tax, insurance or financial advice — confirm with a qualified professional or the relevant authority.

Frequently Asked Questions

Where does the multiplier come from?

From actuarial tables such as the Ogden tables, which combine remaining working life, mortality and a prescribed discount rate.

Gross or net earnings?

Net, because the claimant is compensated for what they would actually have received. Pension loss is usually claimed separately.

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