Beginning Jan. 1, 2010, workers’ compensation premiums for Ohio’s Public Employer Taxing Districts (PECs) will drop by an average of 17 percent.
The Ohio Bureau of Workers’ Compensation (BWC) Board of Directors, which announced the rate decrease, said the PECs represent approximately 3,800 Ohio cities, counties, townships, villages, schools and special taxing districts.
Rates for individual PEC entities will differ based on their individual claims history. While the total, overall change will be a decrease of 17 percent from the current year, some employers may see a slight increase while others will experience decreases.
The board is expected to vote on rule changes to set the actual rates for each PEC industry group at its November meeting.
Was this article valuable?
Here are more articles you may enjoy.
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It
Albertsons Reaches $774 Million Opioid Accord, Records Loss
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 


