DIR Drops Aggregate Assessment by $9.6 Million

The Department of Industrial Relations said collectively, employers in California will pay $9.6 million less in assessments than they did in 2013.However, while the 2014 assessment factors for insured employers will be, on average, 21.21% lower than they were last year, the assessment factors for self-insured employers will increase by 8.69%.“The cost required to implement the workers’ compensation reforms of Senate Bill 863 were partially offset by lien revenue,” the department on Wednesday said in a statement. “Slight increases in appropriations for the Division of Oc...