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Business groups back cap on workers’ compensation COLAs; labor calls it a cut
Summary
Supporters, including self‑insurers and business groups, endorsed SB 5,927 to cap future workers' compensation COLAs at 3% to stabilize rates; labor and injured‑worker advocates said the cap would undermine long‑term wage replacement and urged alternative reforms.
Senate Bill 5,927 would cap future cost‑of‑living adjustments for workers' compensation time‑loss and pension benefits at 3% beginning July 1, 2026. Committee staff reported recent COLAs (2023: 7.5%; 2024: 5.9%; 2025: 6.8%) and an IT fiscal cost of roughly $232,000; staff also summarized an estimate that a 3% cap could reduce supplemental pension fund outlays by hundreds of millions under certain assumptions.
Proponents including…
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