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FL's Order Setting WC Administration Trust Fund Assessment Rate For 2011

18 Jun, 2010 WorkersCompensation.com

                               
Tallahassee, FL (CompNewsNetwork) - Attached is a copy of the Order that sets the assessment rate for the Workers' Compensation Administration Trust Fund (WCATF) for calendar year 2011.
 
Pursuant to Section 440.51(1), Florida Statutes, the Department shall estimate annually in advance the amounts necessary for the administration of Chapter 440, Florida Statutes, based on the anticipated expenses of the administration of Chapter 440 for the next calendar year.
 
Taking into account the current WCATF balance and the anticipated expenses of the administration of Chapter 440, the Department has estimated the amounts necessary for the administration of Chapter 440 for calendar year 2011.
 
Beginning January 1, 2011, the assessment rate for the WCATF is 0.98%.

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