Work Comp Officer Exclusion Threshold Changing to 10%

Work Comp Officer Exclusion Threshold Changing to 10%

Important notice for our clients who carry Workers Compensation insurance

Last year, state law AB2883 changed officer exclusion criteria making it so that only owners/officers/executives with at least 15% ownership could be excluded from the payroll calculation for Work Comp premiums.

Well, that is changing again on July 1, 2018. The new threshold to allow exclusion will be ownership of 10% or more. For some of our clients, this will mean a certain person or group of people can now be excluded from the payroll calculation.

If this pertains to your situation, please contact us to discuss. We will need a completed form stating the name and ownership of those individuals.

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