Rising Liabilities in California's SIBTF

Rising Liabilities in California’s SIBTF

• SIBTF

California’s Subsequent Injuries Benefits Trust Fund (SIBTF), a state-run program offering supplemental benefits to injured workers with preexisting conditions, is under increasing financial strain as claims continue to surge. The SIBTF’s 2024 report shows annual payouts surged from $13.6 million in 2010 to $232 million in 2022. Projected liabilities for claims over the past 12 […]

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California workers' compensation wage increase

SAWW Increase Bumps California WC Benefits for 2025

• Regulatory

Oakland, CA – California’s State Average Weekly Wage (SAWW) rose nearly 3.8 percent in the year ending March 31, 2024, which will increase California workers’ compensation temporary total disability (TTD) and permanent total disability (PTD) rates for 2025 work injury claims and other workers’ compensation benefits that are tied to SAWW increases. The latest wage

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