Submission of PCRB Filing No. 344 - Proposed Revisions to Designated Auditable Payrolls and Concurrent Sections 1 and 2 Manual Amendments - Proposed Effective April 1, 2025

The PCRB submitted Filing No. 344 to the Pennsylvania Department of Insurance on August 30, 2024. Filing No. 344 proposes contains revisions to the Designated Auditable Payroll language with updated manual pages in Section 1 and Section 2 of the Basic Manual. The Basic Manual designates several auditable weekly or annual payrolls. The PCRB recommends that all of the designated payroll revisions discussed herein become effective concurrent with the implementation of the PCRB’s April 1, 2025 comprehensive (all classifications) loss cost revision, to be filed with the Department at a later date.

The values within this filing includes a proposed revision to the corporate officer weekly maximum multiplier used for this designated payroll. This revision is a function of Pennsylvania’s Statewide Average Weekly Wage (SAWW) and proposes an increase to the multiplier applied to SAWW.

Refer to PCRB Circular No. 1811 and Filing No. 344 for more information.