2023-2024 Washington State Cost of Living Adjustment (COLA) & Maximum and Minimum Time-Loss Rate for Workers’ Compensation
What is the 2023-2024 Cost of Living Adjustment in Washington State? Washington State’s Statutory Cost of Living Adjustment (COLA) for 2023-2024 provides a 2.01% increase. The increase is according to the Employment Security Department’s findings that the average annual wage in Washington State increased from $82,508 in 2021 to $84,167.00…