Large Increase in Oregon Average Weekly Wage

Schmidt-Dipaola, Lauren_160x222By: Lauren Oda

The Workers’ Compensation Division issued the revised Bulletin 111 May 18, 2015. According to the Bulletin, Oregon’s State Average Weekly Wage (SAWW) increased 3.8% in the last year from $888.38 to $922.39. The increased Average Weekly Wage is effective July 1, 2015. The TTD rate on open claims will increase according to the new SAWW, subject to the maximum statutory rate ($1,226.78). The large increase in the SAWW will likely have an effect on premium rates next year. The complete Bulletin 111 is available for review at http://www.wcd.oregon.gov/policy/bulletins/docconv_12819/bul_111.pdf.

If you have any questions regarding the revised bulletin, please contact me at loda@sbhlegal.com.