4123-17-60 Annuity factors.

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 establishes annuity factors for use in establishing claims reserves and premium rates as indicated in appendixes A, B, C, D, and E to this rule. The basis and interest factor of each annuity factor table is indicated on the appendix.

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Effective: 12/31/2010
Promulgated Under: 111.15
Statutory Authority: 4121.12 , 4121.121 , 4121.13
Rule Amplifies: 4123.29 , 4123.34
Prior Effective Dates: 3/1/94, 12/31/98, 12/31/99, 12/31/00, 12/31/02, 12/31/03, 12/31/05, 12/31/07, 12/31/09