4123-17-54 Public employer retrospective rating plan minimum premium percentages.

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 for the January 1, 2016 policy year, as indicated in appendixes A (Tier I) and B (Tier II) to this rule.

The administrator hereby sets the private 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.

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Effective: 01/01/2016
Promulgated Under: 111.15
Statutory Authority: 4121.12, 4121.121
Rule Amplifies: 4123.29, 4123.34
Prior Effective Dates: 1/1/92, 1/1/93, 1/1/94, 1/1/98, 1/1/07, 7/21/08