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PA Bulletin, Doc. No. 03-163

THE COURTS

Title 231--RULES OF
CIVIL PROCEDURE

PART I.  GENERAL

[231 PA. CODE CH. 200]

Damages for Delay

[33 Pa.B. 634]

Rule 238.  Damages for Delay in an Action for Bodily Injury, Death or Property Damage.

*      *      *      *      *

Addendum to Explanatory Comment

   The prime rate as set forth in the first edition of the Wall Street Journal for a particular year is the basis for calculating damages for delay under Pa.R.C.P. 238 as revised November 7, 1988. The prime rate published in the first edition of the Wall Street Journal for each of the years specified is as follows:

Date of Publication Prime Rate Date of Publication Prime Rate
Percentage Percentage
January 2, 1980 15 to 15 1/2 January 2, 1992 6 1/2
January 2, 1981 20 1/2 to 21 1/2 January 4, 1993 6
January 4, 1982 15 3/4 January 3, 1994 6
January 3, 1983 11 to 11 1/2 January 3, 1995 8 1/2
January 3, 1984 11 January 2, 1996 8 1/2
January 2, 1985 10 3/4 January 2, 1997 8 1/4
January 2, 1986 9 1/2 January 2, 1998 8 1/2
January 2, 1987 7 1/2 January 4, 1999 7 3/4
January 4, 1988 8 3/4 January 3, 2000 8 1/2
January 3, 1989 10 1/2 January 2, 2001 9 1/2
January 2, 1990 10 1/2 January 2, 2002 4 3/4
January 2, 1991 9 1/2 to 10 January 2, 2003 4 1/4

By the Civil Procedural Rules Committee

R. STANTON WETTICK, Jr.,   
Chairperson

[Pa.B. Doc. No. 03-163. Filed for public inspection January 31, 2003, 9:00 a.m.]



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