SIBTF Is Largest Component of 2025 Assessments

The Department of Industrial Relations on Tuesday sent assessment notices to California employers that indicate the agency will need about 20% more money for the Subsequent Injuries Benefits Trust Fund than it does to operate the Division of Workers' Compensation and Workers' Compensation Appeals Board. The Workers' Compensation Administration Revolving Fund Assessment, which finances the DWC, WCAB and other programs, has historically been the single largest component of annual surcharges. The total revolving fund assessment for all payers in 2025 is $698,761,939, up about 5....