The Texas Department of Insurance, Division of Workers’ Compensation has set the workers’ comp interest/discount rate for the fourth quarter of 2015 at 3.96 percent.
This rate is computed by using the treasury constant maturity rate for one-year treasury bills (0.46 percent) issued by the United States Government, as published by the Federal Reserve Board on Sept. 16, 2015, plus 3.5 percent as required by Texas Labor Code.
The rate is effective Oct. 1, 2015, through Dec. 31, 2015. The rate in effect for the previous period of July 1, 2015, through Sept. 30, 2015, was 3.78 percent.
Source: TDI-DWC
Topics Texas Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
Delta Air Lines Must Face Lawsuit Over ‘Window Seats’ With No Windows 
Allstate Q3 Net Income Drops About 45% on Higher Catastrophe Losses 
Oil Falls as Trump Signals Restraint on Iran Despite Fresh Shipping Attacks 
AIG’s General Insurance Q3 Underwriting Income Down 29% 
