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UTILITIES COMMISSION MEETING <br />TO: FROM: <br />ERMU Commission Melissa Karpinski – Finance Manager <br />MEETING DATE: AGENDA ITEM NUMBER: <br />September 9, 20256.1c <br />SUBJECT: <br />Staff Update <br />ACTION REQUESTED: <br />None <br />DISCUSSION: <br /> ERMU has received its 2025-2026 workers’ compensation coverage renewal.Our <br />experience modification factor came in at 0.84, which is slightly higher than last year at <br />0.69. Estimated annual premium will be $54,758, which is 9% lower than last year. Rates <br />on average will decrease 20% for renewals in 2025. Other factors that affect premiums <br />are changes in payrolls and rate adjustments by job class. <br /> <br />Experience Modification History: <br />10/1/2021-22: 0.69 <br />10/1/2022-23: 0.69 <br />10/1/2023-24: 0.70 <br />10/1/2024-25: 0.69 <br />10/1/2025-26: 0.84 <br /> <br />Job Class Code Job Class 2024 Rates 2025 Rates Rate Change <br />75203.452.57-25.7% <br />WATERWORKS <br />7539 ELECTRIC & STEAM PLANT2.99 1.85 -38.0% <br />9410 MUNICIPAL EMPLOYEES 0.81 0.76 -5.9% <br />9411 ELECTED OR APPOINTED OFFICIALS0.44 0.55 25.0% <br />810CLERICAL OFFICE EMPLOYEES 0.64 0.41 -36.0% <br /> <br /> Continued efforts compiling 2026 budget information. <br /> I will be attending National Information Solutions Cooperative’s Member Information <br />Conference, September 22-25. <br /> <br />______________________________________________________________________________ <br />Page 1 of 1 <br />102 <br />