Senate Goes to Work on Worker Compensation Reform
Cheyenne, WY – The state Senate has started work on overhauling the state workers' compensation law. The legislation increases death benefits and provides cost of living adjustments for those on permanent disability. The bill also allows for employers to pay less into the system if there is a surplus in the Workers Compensation Fund. Senator Charles Scott of Casper says they had hoped to provide employers a reduction in rates this year, but he is not sure that will happen. The biggest problem is that investment accounts are underperforming.
Scott says the system needs reform but he remains concerned that they are opening the door to abuses. The Senate debates this bill two more times.