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<div><font color="#1F497D">Payroll professionals,</font></div>
<div><font color="#1F497D"> </font></div>
<div><font color="#1F497D">As previously mentioned in forum, the Basic Life premium rate will increase starting in plan year 2021. The new rate is now $1.60. When forcing basic life, the breakdown is as follows: </font></div>
<div><font color="#1F497D">1% plan, SL1N, employee share: $.02, employer share: $1.58. </font></div>
<div><font color="#1F497D">5% plan, SLNN, employee share: $.08, employer share: $1.52</font></div>
<div><font color="#1F497D"> </font></div>
<div><font color="#1F497D">You can find all the updated rates on the 2021 forced insurance worksheet located on our website: </font></div>
<div><a href="https://www.oregon.gov/das/Financial/Payroll/Pages/processingtools.aspx"><font color="#0563C1"><u>https://www.oregon.gov/das/Financial/Payroll/Pages/processingtools.aspx</u></font></a></div>
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<div><font face="Cambria" size="3" color="#385623"><span style="font-size:12pt;"><b>Thank you</b><font face="Calibri">,</font></span></font></div>
<div><font color="#806000"> </font></div>
<div><font face="Cambria" size="3" color="#002060"><span style="font-size:12pt;">Vangie Barizo</span></font></div>
<div><font face="Tahoma" size="2" color="#002060"><span style="font-size:10pt;">System Analyst</span></font></div>
<div><font face="Tahoma" size="2" color="#002060"><span style="font-size:10pt;">Oregon Statewide Payroll Services</span></font></div>
<div><font face="Tahoma" size="2" color="#002060"><span style="font-size:10pt;">155 Cottage Street NE, Salem, OR 97301</span></font></div>
<div><font face="Tahoma" size="2" color="#002060"><span style="font-size:10pt;">971-900-7628 (Cell)</span></font></div>
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