[pps-news] FY 2006-07 WORKER'S COMPENSATION INSURANCE RATES

[Gabe Nwandu]

MEMORANDUM

 

TO:                  Payroll Personnel System Users

 

FROM:            Shelley Gupta, Principal Resource Analyst

                        Academic Planning and Budget

 

DATE:             June 26, 2006

 

RE:                   FY 2006-07 WORKER'S COMPENSATION INSURANCE RATES

 


 

A rate of $1.62/$100 payroll has been established to fund Worker's
Compensation costs for the Campus effective July 1, 2006.

 

This rate has decreased 12.90% from the FY 2005-06 rate of $1.86/$100
payroll.  This decrease is primarily due to a significant decrease in
the cost of risk.

 

If you have any questions, please feel free to contact me at extension
22876 or via email at shelley.gupta at ucr.edu.

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