[pps-news] Fiscal Year 2011-12 WORKERS’ COMPENSATION ASSESSMENT RATE

[Gabriel Nwandu]

May 26, 2011

TO:                      Payroll Personnel System Users

FROM:                Matthew Hull, Associate Vice Chancellor - Resource Planning and Budget


RE:                       Fiscal Year 2011-12 WORKERS’ COMPENSATION ASSESSMENT RATE for the General Campus (Location 5)





The following assessment rates have been established to fund the Workers Compensation (WC) Insurance Program for the General Campus effective July 1, 2011 for all funding sources:







Rate

(Per $100 of Payroll)


Incident / Claim Fee Assessment

(Per Qualifying Claim)











     All Funds


$0.56


$5,000*




































*       Potential rebates of up to $1,500 are available; please contact Human Resources/Workers’ Compensation attention Nini Furst extension 24207 or email at nini.furst at ucr.edu<mailto:nini.furst at ucr.edu> for additional information.



Workers Compensation



UCR has recently changed its rate assessment methodology for workers’ compensation. Instead of assessing the full cost of the program through payroll and leaving all departments to one rate, the new methodology will employ a two-step approach. Part of the rate cost of this program will be recovered through a traditional payroll assessment rate. This rate will be reevaluated on an annual basis and effective the start of each fiscal year. The remainder of the program costs will be recovered via an Incident/Claim Fee, which will be assessed against each qualifying incident filed by a department. Please contact Human Resources/Workers Compensation for further details on what constitutes a qualifying incident/claim and on how this program will be administered.



Charges will be reflected in account number 400160 for Academic employees and 600150 for non-Academic employees in the same Activity-Fund-Function combination in which payroll activity occurred.  These charges may not be moved to a different Activity-Fund-Function.



Please note that actual charges are calculated by applying the applicable assessment rate against salaries and wages payable associated with all DOS codes except the following:



Vacation Related (VLA, VAC, VLT, TRM, PTO, PTT)

Sick Leave Related (SLA, SKL)

Comp Time Related (CTA, CTO)

Staff Recognition and Development (SRD)



If you have any questions regarding the rate assessment, please contact Jerry Garcia at extension 25615 or by e-mail at jerry.garcia at ucr.edu<mailto:jerry.garcia at ucr.edu>.
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