An Act amending the act of June 2, 1915 (P.L.736, No.338), known as the Workers' Compensation Act, in damages by action at law, further providing for recovery; in liability and compensation, further providing for schedule of compensation, repealing provisions relating to computation of benefits and providing for computation of benefits; in procedure, further providing for compromise and release, for collective bargaining agreement and for workers' compensation insurance; in additional coverages, further providing for irrebuttable presumption; in Self-Insurance Guaranty Fund, further providing for definitions and for prefund account; and, in Uninsured Employers Guaranty Fund, further providing for definitions.

This bill amends Pennsylvania's Workers' Compensation Act to update how benefits are calculated and distributed, particularly for cases involving death or long-term injuries. It clarifies that pre-injury settlement agreements are generally invalid and ensures that workers can still sue for damages even if they receive certain other benefits, while also adjusting how unemployment and Social Security payments offset workers' compensation awards. The legislation establishes a new schedule for paying death benefits to dependents and creates a minimum weekly compensation floor of $100 for injuries occurring before 1993, with state funding to cover the difference. Additionally, it updates definitions and procedures for self-insured employers and the Uninsured Employers Guaranty Fund to improve administrative clarity.