Committee: workers compensation Mod drops to 0.99, easing premium pressure
The finance committee heard that the district's workers compensation experience modifier fell from 1.26 to 0.99, keeping the premium similar to last year and improving the district's budget outlook.
The full story
The Princeton Public School District finance committee was told the district's workers compensation premium is similar to last year after the district's Mod (experience modifier) dropped from 1.26 to 0.99. Staff described the Mod decline as the primary reason the quoted premium aligns with prior year costs.
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