General wage adjustments are negotiated for represented employees and legislatively approved for. This guide provides a comprehensive overview, including key dates,. The cola for 2024 is effective on july 1 and will run through june 30, 2025.
The following table includes cola percentages that apply to most drs plans. Understanding this schedule is crucial for washington state residents receiving l&i benefits. The department of labor & industries has published the 2024 edition of the medical aid rules and fee schedules (marfs), effective july 1, 2024.
The washington state department of labor & industries (l&i) has adopted a 3.8 percent increase in the average hourly rate employers and workers pay for workers’ compensation insurance. The washington state department of labor & industries (l&i) cost of living adjustment (cola) is an annual increase to benefit payments for workers injured on the job. The resulting cost of living adjustment (cola) for 2024 increases the maximum monthly benefit to $8,913.80 or 120 percent of the state's average monthly wage. Major fee schedule updates for.
The cola for 2024 is. Most plan colas take effect july 1 and start with july 31 benefit payments. The washington state department of labor and industries (l&i) implements a cost of living adjustment (cola) in july of most years to address this. Cost of living adjustment factors are now presented in two different ways.