The SDML WC Fund Board of Trustees met on July 14th and moved to decrease the Renewal Credit from 25% to 22% for 2024 Renewals. The result is a slight 3% net rate increase for 2024. The reason for the increase is inflation and interest rates. Even with the 3% increase, the SDML WC Fund has lowered rates 7% over the last 5 years. This maintains the goal of rate stability for our members.
Feel free to contact Brad Wilson, Administrator, if you have any questions. Thank you and we appreciate your business.
