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Why does the minimum contribution threshold fluctuate?

April 26, 2017contribution fluctuate minimum threshold

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Why does the minimum contribution threshold fluctuate?

1 Answer

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Legislative changes to the fund language may cause a recalculation of the minimum contribution threshold amount. In addition, the Department of Industrial Relations conducts research and publishes information on economic, employment, and work place safety and health statistics. Publications include the Director’s General Prevailing Wage Determinations and the California Consumer Price Index. This information is updated every August.