The Kentucky Workers' Compensation Funding Commission was created in 1987 for the purposes of controlling, investing, and managing the funds collected to support the Commonwealth's workers' compensation program. The Funding Commission is required to establish the annual assessment rates necessary to fund the various programs.
In addition to funding the payment of Special Fund liabilities, the Kentucky Coal Workers' Pneumoconiosis Fund, and the Uninsured Employers Fund, these assessments finance the administrative operations of the Funding Commission and all programs in the Kentucky Labor Cabinet except Employment Standards, Apprenticeship and Training, and Labor-Management Relations and Mediation.
The Funding Commission is governed by a Board of Directors consisting of seven members. Board members include the Secretaries of Labor, Economic Development, and Finance & Administration Cabinets. In addition, the Governor appoints four members who represent labor, insurance companies writing workers' compensation insurance, employers, and self-insured employers and groups.
*** E-FILE/E-PAY ***
We are pleased to announce our NEW Quarterly Premium Report Online System (E-File/E-Pay). This system provides companies with a secure, convenient, and fee-free option for assessment reporting and payment. For more details on the E-File/E-Pay system, please see the FAQs on our website or call 502-573-3505.
File Your QPR Online
If you file electronically, you must remit a corresponding EFT payment.
Electronic reports in "Pending" status are not complete until electronic payment has been fully processed.
Prior to submitting payment, please ensure there is no debit block filter on your bank account. Rejection of electronic payment due to a debit block is the responsibility of the payee and will be subject to late filing penalty and interest until fully processed.
2016 Assessment Rates
The Funding Commission has adopted the following assessment rates for calendar year 2016:
- All Employers Rate of 5.51%
- Additional Coal Rate of 14.82%
- Severed Coal Assessment of 15.1 cents per ton
Please be advised that all rates above have changed from the previous year.
Kentucky Workers' Compensation Funding Commission
42 Mill Creek Park
PO Box 1128
Frankfort, KY 40602-1128
(502) 573-3505 - Office
(502) 573-4923 - Fax