The Texas Department of Insurance, Division of Workers’ Compensation reports that the workers’ comp discount rate and interest rate for April 1 to June 30, 2017, will be 4.50 percent.
The rate is computed by using the federal treasury constant maturity rate for one-year treasury bills (1.00 percent) as published by the Federal Reserve Board on March 17, 2017, plus 3.5 percent as required by Texas Labor Code, §401.023.
The rate in effect for the previous period of Jan. 1, 2017, through March 31, 2017, was 4.41 percent.
Source: TDI-DWC
Topics Texas Workers' Compensation
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