The administrator of workers' compensation, with the advice and consent of the bureau of workers' compensation board of directors, has authority to approve contributions made to the state insurance fund by employers pursuant to sections 4121.121, 4123.29, and 4123.34 of the Revised Code.
The administrator hereby sets the public employer taxing districts retrospective rating plan minimum premium percentages to be effective January 1, 2025, as indicated in appendixes A (Tier I) and B (Tier II) to this rule.
The administrator hereby sets the public employer loss conversion factors to be applied to losses associated with policy years beginning on or after January 1, 2016, as indicated in appendix C to this rule.
Ohio Admin. Code 4123-17-54
Promulgated Under: 111.15
Statutory Authority: 4121.12, 4121.121
Rule Amplifies: 4123.29, 4123.34
Prior Effective Dates: 01/01/1992, 01/01/1993, 01/01/1994, 01/01/1998, 01/01/2007, 07/21/2008, 01/01/2016, 08/20/2018, 09/01/2018, 01/01/2021, 01/01/2023