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Employers Have Mixed Feelings on 2016 Rate Increase

By Greg Jones (Senior Editor)

Wednesday, November 4, 2015 | 0

Washington state employers aren't exactly up in arms over a proposed 2% rate increase for 2016, but they're not happy about some of the reasons the rate increase is necessary or the prospect of additional increases in each of the next seven years. The Department of Labor and Industries in September said the proposed rate hike is primarily needed to rebuild reserve accounts that pay for indemnity benefits and pensions as well as cost-of-living adjustments to workers receiving indemnity or pension payments. L&I held six hearings to discuss the proposed 2016 rate increase during the...

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