The Associated General Contractors Oregon-Columbia Chapter (AGC) and SAIF Corporation announced a $2,519,233 retrospective return for the 665 companies who participated in the AGC/SAIF group workers' compensation program during 2014-2015. This represents an 8.3 % return of paid premiums during the policy year.
The actual total payout to participants will surpass $3.3 million after the Department of consumer and Business Services (DCBS) and non-disabling claim reimbursement adjustments are made. Individual results and retro checks will be mailed directly from SAIF to Policy holders in mid-August 2016.
Total retro returns spanning the 24 year history for the AGC/SAIF program now surpass $169 million.
To read the entire press release, please see attached document.
For more information, please contact the AGC Oregon-Columbia Chapter at 503-682-3363 or go to:https://www.agc-oregon.org