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Proposed Budget Includes 134% Increase in Employer Assessments

By Greg Jones (Senior Editor)

Tuesday, January 13, 2015 | 2

California Gov. Jerry Brown's proposed budget for the upcoming fiscal year would increase employer assessments 134.7% from what was charged this year to pay for the cost of the state's workers' comp system, with much of the money slated for the $120 million supplemental disability fund created by Senate Bill 863. Brown's budget would increase assessments for the Revolving Fund to $308.5 million in the fiscal year that begins July 1 and runs to June 30, 2016, compared to $131.4 million collected for the current fiscal year, according to the spending plan the gover...

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