Washington State Long Term Care Employee Tax Deduction Effective January 1, 2022 (Doc ID 2795440.1)

Last updated on DECEMBER 09, 2022

Applies to:

Goal

There is a new Long Term Care Insurance employee payroll tax going into effect 01-JAN-2022. A 0.58% premium assessment will be imposed on all Washington State employee wages. 
Employees will be assessed the premium for the "WA Cares Fund" to fund the Long-Term Services and Supports Program, unless they can be exempt because they have long term care insurance.
The Long Term Care insurance must have been purchased prior to November 1, 2021, to apply. The proposed rules provides guidance for the various parts of the assessment process.

How and when will this be implemented in Oracle HRMS?

Solution

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