Oregon Proposes Higher Workers’ Comp Costs in 2027
Under a proposal from the Department of Consumer and Business Services, Oregon employers would pay an average of 92 cents per $100 of payroll for workers’ compensation coverage in 2027.
The proposed average pure premium rate would increase 2.1%, while the average loaded pure premium would rise to 92 cents per $100 of payroll in 2027, from 89 cents in 2026. The premium assessment would remain 9.8%.
The Workers’ Benefit Fund assessment would rise from 1.8 cents to 2.2 cents per hour worked. A new 0.2-cent BOLI Expense Fund component would bring the total assessment to 2.4 cents per hour worked. Employers must pay at least half of both assessments.
More info: OR DCBS press release
- Share on
Free Training & Resources
Webinars
Provided by Insightsoftware
Further Reading
An IHOP franchisee operating in North and South Carolina owes $95,095 in back wages after a DOL investigation found cooks were paid straigh...
Improperly calculating employees’ overtime pay can be an expensive mistake, as a Cincinnati-based logistics provider recently learned the...
A recent Seventh Circuit court ruling focuses on a key overtime calculation issue for payroll: Which premiums belong in the regular rate of...
As a finance professional, you can probably imagine the stress of an EEOC investigation and lawsuit. Two new reports from the agency show j...
Misclassification risk becomes a financial problem as soon as regulators decide contractor oversight looks like employee management. Case i...
Connecticut employers must include a wage or a good-faith wage range and a general description of benefits in public and internal job posti...
