Increasing Your Savings: Gov. Hochul Announces More Than $191 Million in Potential Savings for New York Employers
October 30, 2024
October 30, 2024
ALBANY, New York, Oct. 30 -- Gov. Kathy Hochul, D-New York, issued the following news release on Oct. 29, 2024:
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Workers' Compensation Rate Will Decrease by 22 Percent in 2025, Resulting in Savings for More Than 400,000 Small Businesses Across the State
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Governor Kathy Hochul today announced that New York State employers are expected to save more than $191 million dollars in 2025 due to a reduction in the annual workers' compensation . . .
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Workers' Compensation Rate Will Decrease by 22 Percent in 2025, Resulting in Savings for More Than 400,000 Small Businesses Across the State
* * *
Governor Kathy Hochul today announced that New York State employers are expected to save more than $191 million dollars in 2025 due to a reduction in the annual workers' compensation . . .