Bulletin No. 73-05
November 16, 2005
DWC posts fund assessment rates for fiscal year 2005/06 on its Web site
The Division of Workers Compensation (DWC) has posted assessment
rates for the following funds on its Web site. The assessment rates are issued
by the Department of Industrial Relations (DIR), DWCs parent agency:
State law requires insurers to collect money from employers to fund the DWC, as well as antifraud efforts by the California Department of Insurance and local district attorneys, to pay benefits to injured workers whose employers were illegally uninsured, and to provide compensation to injured workers who already had a disability or impairment at the time of injury.
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.
The department will mail letters and invoices to insurers and self-insured employers soon, showing the share of the assessments and surcharges due. Insurers or self-insured employers with questions should call DWC Staff Services Manager Amadeo Urbano at (510) 286-7083 or DWC Analyst Naomi Carter at (510) 286-7087 for more information.
The fund assessment notice is posted on the whats new page of the DWC Web site at http://www.dir.ca.gov/dwc/whatsnew.htm.