Common Contracts

1 similar Settlement Agreement contracts

To: Mayor Bemrich and City Council From: David Fierke, City Manager Subject: Settlement Agreement
Settlement Agreement • June 16th, 2014

This will not have an immediate direct budgetary impact. However, we will likely see an increase in our annual workers compensation invoices. This is due to the manner in which claims are now weighted in the process of determining the mod rating. Long term claims such as this have a detrimental impact on the mod rating to a greater extent than in prior years.

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