MEMORANDUM NO. 2005-04

Commutation Rate

 


TO: Commissioners, District Administrators, Self-Insureds, Insurance Carriers, Attorneys, Unions, Legal Advisory Panel, and Advisory Board Members
FROM: John A. Mastropietro, Chairman
DATE: May 9, 2005
RE: Commutation Rate

 

Effective June 1, 2005, the commutation rate pursuant to ยง31-302 will be changed from the present rate of 6% to 3%.