DWC posts assessment rates for 2010-11

By CMTA Staff

Capitol Update, Dec. 3, 2010 Share this on FacebookTweet thisEmail this to a friend

The Division of Workers’ Compensation (DWC) has posted the fiscal year 2010-2011 assessment rates for the Workers’ Compensation Administration Revolving Fund (WCARF) and other funds on its website. The assessments are authorized by Labor Code sections 62.5 and 62.6.

The 2010-11 assessment of $404.9 million reflects a $1.7 million (or -0.43%) decrease in the aggregate assessment dollar from last year.

In addition to fully funding the work of the DWC, and partially funding the work of the Divisions of Occupational Safety and Health and Labor Standards Enforcement, assessments also fund antifraud efforts by the California Department of Insurance and local district attorneys, pay benefits to injured workers whose employers were illegally uninsured, and provide compensation to injured workers who already had a disability or impairment at the time of injury. The assessment covers the following funds:

  • Workers’ Compensation Administration Revolving Fund
  • Uninsured Employers Benefits Trust Fund
  • Subsequent Injuries Benefits Trust Fund
  • Workers’ Compensation Fraud Accountv Occupational Safety and Health Fund
  • Labor Enforcement and Compliance Fund.

Insurers must pay the funding due to the state for policy holders and recover those funds from policy holders through workers’ compensation policy surcharges and assessments.

DWC mailed letters and invoices to insurers and self-insured employers Monday, November 29, showing the share of the assessments and surcharges due.

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