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Jan 12
Workers' Compensation Update for 2021

The National Council on Compensation Insurance has a reminder about workers' compensation for the new year.

Effective January 1, 2021, the maximum payroll for executive officers or members of limited liability companies included on a workers' compensation policy for businesses that operate in the State of Connecticut, will remain $2,700 per week.

The minimum payroll for an active officer will remain $1,350 per week. 

T
he fixed amount to include for either covered partners or sole proprietors has increased from $69,100 from last year's minimum to $71,400.

​Payroll Limitation Rules - State of Connecticut
Workers' Compensation - Effective January 1, 2021
​Individuals
​​

​Not covered unless they opt in. Fixed Amount is $71,400.
Partners

​Automatic coverage; if one opts out, all must opt out. Fixed amount is $71,400 per partner per year.
Corporate Officers
​Automatic coverage may elect exclusion. Maximum salary $140,400 per year. Minimum wage is $70,200 per year.
​LLC Single Member
​Treated like an officer. Automatic coverage. May elect exclusion.
​LLC Multi Member
​Treated like an officer. Automatic coverage. May elect exclusion.



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