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Workers' Compensation Board

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New York State
Workers' Compensation Board
OFFICE OF THE CHAIR
328 State Street  Schenectady, New York 12305
Governor Andrew M. Cuomo


Subject No. 046-822

New York Workers’ Compensation Board Announces
2016 Assessment Rate

Date: October 27, 2015

Pursuant to WCL §151, the Chair of the Workers' Compensation Board (Board) shall annually establish an assessment rate for all employers by November 1st of each year, to be effective January 1st of the subsequent calendar year. For calendar year 2016, the rate shall be 12.9% of the standard premium or premium equivalent.

The new rate shall be effective for policies renewing on or after January 1, 2016 and represents a decrease from the 2015 rate of 13.2%.

Please contact the Workers’ Compensation Board by email at: WCBFinanceOffice@wcb.ny.gov with any questions on the assessment rate.

 

Robert E. Beloten
Chair