The WHSCC released its 2014 Annual Performance Report. The Commission’s funded position increased to 112% for 2014, up from 106.5% in 2013. The injury fund increased from $1.0 billion in 2013 to $1.1 billion in 2014. The annual assessment rate for employers in 2014 was decreased to $2.45 per $100 of assessable payroll. Also, the maximum compensable and assessable earnings was increased to $60,760.
SUBSCRIBE TO OUR OHS TIPS, COMPLIANCE NEWSLETTER AND WEBINAR INVITES