SB248 amends Delaware's workplace safety program by adjusting the formula for safety credits.
SB248 modifies the workplace safety program in Delaware by changing the formula for calculating safety credits. The credits are now based on a formula that includes a multiplier of 20% and 40%, adjusted by the credibility of the employer. This change affects how credits are calculated for qualified employers, with the new formula taking effect for credit calculations communicated by the Department of Insurance on or after December 1, 2026.
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- Legal Framework
- Critical Issues
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