OSPS E-News ~ WBC Rate for 2010

[Announcements from OSPS to the users of the Oregon State Payroll Application]

OSPS has received verification that the Worker's Benefit rate will
remain the same for 2010; 2.8 cents per hour.    Here's some information
from DCBS who sets the rates and administers the fund.  


 


2010 Workers' Benefit Fund Assessment ("Cents-Per-Hour") Rate


For calendar year 2010, the Department of Consumer and Business Services
has set the Workers' Benefit Fund assessment rate at 2.8 cents,
unchanged from the past three years. This applies to each full or
partial hour worked by each paid individual that an employer is required
or chooses to provide with workers' compensation insurance coverage. The
rate of 2.8 cents per hour is the employer's and worker's rate combined.
Employers pay at least half (1.4 cents per hour) of this assessment, and
deduct no more than half from workers' wages.  This fund pays for
programs that provide direct benefits to injured workers and their
beneficiaries. The fund also provides money to help employers help
injured workers return to work. 


 

For comprehensive information about the Workers' Benefit Fund
Assessment, go to www.oregon.gov/DCBS/FABS/wbf.shtml
<http://www.oregon.gov/DCBS/FABS/wbf.shtml> . 

 

 

Sharon McKeehan, Manager

Oregon Statewide Payroll Services

DAS/State Controller's Division

155 Cottage Street NE,  U-50

Salem, OR  97301-3969

(503) 378-6777 ext. 230

Visit our Online Resource Center: http://oregon.gov/DAS/SCD/OSPS

 

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