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Dec. 11, 2006

Hearings on proposed $315 million rate holiday begin this week

TUMWATER — The Department of Labor & Industries (L&I) will hold hearings beginning Wednesday on a proposal to reduce to zero for six months the premiums employers and workers pay into one of the funds that supports the state’s workers’ compensation system.

Gov. Chris Gregoire announced the proposed rate holiday earlier this month. If adopted, the rate paid into the Medical Aid Fund would be reduced to zero in the second half of 2007. Because workers and employers pay equally into that fund, both would benefit in nearly equal amounts.

Here is the hearing schedule:

    • Wednesday, Dec. 13: 1 p.m. at L&I’s Tukwila office, 12806 Gateway Dr.
    • Thursday, Dec. 14: 10 a.m. at the Ridpath Hotel, 515 W. Sprague Ave., Spokane.
    • Friday, Dec. 15: 10 a.m. at L&I’s Tumwater headquarters, 7273 Linderson Way S.W.
    • Monday, Dec. 18: 1 p.m. at L&I’s Yakima office, 15 W. Yakima Ave.

Written comments should be sent to Ronald Moore, acting manager, Employer Services, P.O. Box 44140, Olympia, WA 98504-44140, or mooa235@LNI.wa.gov. They need to be received by the close of business Jan. 5. A final decision on the proposal will be made Jan. 24.

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For media information: Robert T. Nelson, 360-902-6043 or nelq235@LNI.wa.gov, or visit the L&I News and Media Center at www.lni.wa.gov/News.

To view the State Fund’s financial reports, go to www.StateFundFinancial.LNI.wa.gov

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