Rule 4123-17-60 | Annuity factors.

• Effective: January 1, 2021
• Promulgated Under: 111.15

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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Supplemental Information

Authorized By: 4121.12, 4121.121, 4121.13
Amplifies: 4123.29, 4123.34
Five Year Review Date:
Prior Effective Dates: 3/1/1994, 12/31/1998, 12/31/1999, 12/31/2000, 12/31/2002, 12/31/2003, 12/31/2005, 12/31/2007, 12/31/2009, 12/31/2010, 9/30/2015