Many participants in Vigilant’s Washington Group Retro Program soon will be receiving refunds on a portion of their workers’ compensation premiums. Retro participants whose claim losses are less than the premium they pay can look forward to refunds. The program passed an important milestone this year, with a total of $100 million in premiums returned to Vigilant members in the last 25 years!
Each plan year runs from July 1 through June 30. The group refunds are as follows:
• First adjustment return for the 2008-2009 plan year is 16 percent.
• Second adjustment return for the 2007-2008 plan year is 14 percent.
• Third adjustment return for the 2006-2007 plan year is 18 percent.
Each participant’s refund is based on their performance and may be different than the group refund. Vigilant staff will be delivering Retro refund checks to members during the week of June 14, 2010. For information about joining the Washington Group Retro Program, contact Trish Leimbach (800-733-8620 or t.leimbach@vigilantcounsel.org).
