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California: Fund assessment rates

The Division of Workers' Compensation has posted the fiscal year 2008-09 assessment rates for the Workers' Compensation Administration Revolving Fund and other funds on its Web site.

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The assessments are authorized by Labor Code section 62.5. The fund assessment notice is posted on the "what's new" page of the DWC Web site at: www.dir.ca.gov/dwc/whatsnew.htm. A new fund, the Occupational Safety and Health Fund, which was created by legislation in 2008, will be included in the annual assessment and will fund a portion of Cal-OSHA program operations. The division will mail letters and invoices to insurers and self-insured employers, 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.

December 1, 2008

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