FOLIO

DIVISION ANNOUNCES NEW INTEREST/DISCOUNT RATE

Jan 3, 2022 | by FOL

The Division has announced the new interest/discount rate for the first quarter of 2022.  The current rate of 3.57% will increase to 3.77% beginning January 1, 2022 and extend through March 31, 2022.  Any checks for late benefits placed in the mail or by EFT during the first quarter of 2022 must reflect the new 3.77% interest rate and applied to the entire amount of the late payment.

https://www.tdi.texas.gov/wc/carrier/disint.html#interestrates

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