FL DWC Reduces Special Disability Trust Fund Assessment Rate


Tallahassee, FL (CompNewsNetwork) - On May 7, 2010, the Florida Division of Worker Compensation issued an order setting the Assessment Rate for the Special Disability Trust Fund.

Beginning July 1, 2010, the assessment rate for the SDTF is reduced from 4.52% to 1.46%. This rate is based upon the result of the statutory SDTF assessment rate formula, pursuant to Section 440.49(9), Florida Statutes, an analysis of the estimated SDTF balance as of June 30, 2010, and estimated future expenses, revenues, and assessable premiums.

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