2025 Annual Maximum Assessable Earnings

The workers’ compensation 2025 maximum assessable earnings have been confirmed, and the amount will increase from $160,510 to $167,050. This change will impact your payroll obligations in calculating your premiums.

Employers should take the following steps to ensure compliance with the 2025 regulations:

  • Update Payroll Systems: Ensure your payroll software is updated to reflect the new maximum assessable earnings limit. This will ensure accurate reporting for workers' compensation.

 

  • Review Budget and Costs: The increase may result in higher workers' compensation premiums. Factor this into your budget for 2025 and consider any necessary adjustments.

 

  • Check Compliance: Ensure that your report to the workers' compensation board is compliant with the new earnings cap. This will help prevent errors and potential penalties.

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