OSIP — Approved Regulations — Effective July 1, 2020

SB 863 enacted revisions to Labor Code §§3701 and 3702.2, et al specific to annual reporting requirements of private and public self-insured employers in order to ensure substantial DIR oversight. The enhanced reporting requirements were deemed necessary to evaluate costs, benefit expenditures, and proof of solvency and performance on a regular scheduled basis. The annual reports of individual private self-insured employers are due each March 1^st, whereas annual reports of individual public self-insured employers are due on October 1^st for the valuation period July 1^st through June 30^th.

Although the rulemaking process commenced in 2014, OAL issued a Decision of Disapproval of the Public-Self-Insurance regulations on December 19, 2019. These regulations were subsequently re-submitted for approval on April 2, 2020, approved on May 14, 2020, and are effective on July 1, 2020.

CWCI members who log on to our website (www.cwci.org) can access the regulatory documents, including comments submitted by the Institute and a clean copy of the final regulations under the Regulations tab at the top of our home page. 

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