Final evaluation of the AGC/SAIF group product
Looking to the future with the new guaranteed cost plan.
July 2025 will mark 33 years of the AGC/SAIF group retro evaluation. This year's evaluation will be for the 2023-24 policy period and the final evaluation for the AGC/SAIF group retro product. As a reminder, the AGC group product was changed on October 1, 2024, from a group retrospective rating plan to a guaranteed cost plan with an OGSERP (group discount) and an enhanced premium volume discount plan specially filed for AGC.
During the week of July 21, SAIF agency marketing specialists will be in contact with agents representing employers participating in the AGC group retro product for the 2023-24 policy period. They will provide the relevant facts about the retro return and each agency's list of participating employers. They’ll also provide information on how to easily sort and retrieve the retro evaluation documents from the agency inbox, available on July 24 via Business Online.
Checks will be mailed the week of July 28. The check will include a brief letter, but the evaluation will not be included. The agent will be responsible for providing the retro evaluation to the employer.
All steps in the evaluation process are documented in the AGC retro timeline. If you have questions, please contact your agency marketing specialist.