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Employer Assessment Rate Drops to 12.1%

Thursday, November 2, 2017 | 213 | 0 | 0 min read

The New York State Workers’ Compensation Board has dropped its annual assessment rate for all employers by a tenth of a percentage point. Clarissa M. Rodriguez The assessment rate will be 12.1% of the standard premium or premium equivalent, board Chair Clarissa M. Rodriguez said in Subject No. 046-998 issued Wednesday. The new rate is for policies that renew on or after Jan. 1, Rodriguez said. For more information, email WCBFinanceOffice@wcb.ny.gov. The board collects annual assessments per Section 151 of the Workers’ Compensation Law to administer the workers’ co...

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