WS: 07: Enh New Leg/Reg Washington Cares Fund (WAC) Effective Jan. 1, 2022
(Doc ID 2764600.1)
Last updated on JANUARY 25, 2022
Applies to:
JD Edwards World U.S. Payroll Processing - Version A9.4 and laterInformation in this document applies to any platform.
Symptoms
Title 50B RCW created a Long-Term Services and Supports Trust Program, now called WA Cares Fund (WAC), to provide long-term care benefits for eligible Washington residents. The program is funded through employee premium deductions of 0.58 percent ($0.58 per $100) of earnings. Premium deductions will begin on January 1, 2022.
Employers are required to collect this premium assessment through payroll contributions and will remit those premiums to the Washington State Employment Security Department (ESD) as part of their quarterly reporting. Employers are not required to contribute to the Program.
Link to DSHS page - https://www.dshs.wa.gov/altsa/stakeholders/long-term-services-and-supports-ltss
Link to House Bill page - https://app.leg.wa.gov/billsummary?BillNumber=1087&Chamber=House&Year=2019
Link to PDF of bill - http://lawfilesext.leg.wa.gov/biennium/2019-20/Pdf/Amendments/Senate/1087-S2 AMS HLTC S3352.1.pdf
Changes
New Leg/reg
Cause
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In this Document
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Changes |
Cause |
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