History of Assessment Rates

​In 1987, the General Assembly established initial assessment rates to provide the $110 million of annual revenues necessary for the thirty year funding plan. Since that time, the Funding Commission has been charged with evaluating the rate annually and providing a recommendation to the General Assembly for any changes that are necessary to amortize the Special Fund liability by December 31, 2029. In 1996, additional changes were made in the funding structure with corresponding changes in the rates. The following tables summarize the rates imposed since 1987 and where those assessments are restricted.

Special Fund Assessments 

Year​ ​Base Rate ​Additional Coal
On or before 3/31/1989 ​23.30% ​40.00%
1989 thru 1991​ ​16.90% ​47.00%
1992 thru 1993​ ​11.68% ​47.28%
1994​ ​12.30% ​48.90%
​1995 ​9.70% ​25.70%
​1996 ​9.00% ​24.00%
​1997 ​​9.00% N/A​
​1998 ​​9.00% N/A​
​1999 ​​9.00% N/A​
​2000 ​​9.00% N/A​
​2001 ​​​9.00% ​N/A
​2002 ​11.50% ​N/A
​2003 ​11.50% ​N/A
​2004 ​11.50% ​N/A
​2005 ​9.00% ​N/A
​2006 ​6.50% ​​N/A
​2007 ​​6.50% ​​N/A
​2008 ​​6.50% ​​N/A
​2009 ​​6.50% ​​N/A
​2010 ​​6.50% ​​N/A
​2011 ​​6.50% ​​N/A
​2012 ​6.28% ​​N/A
​2013 ​6.28% ​​N/A
​2014 ​6.28% ​​N/A
​2015 ​6.17% ​N/A
2016 ​5.51% ​N/A
​2017 ​6.29% ​N/A

Coal Workers' Pneumoconiosis Assessments 

The 1996 legislation (KRS 342.1242) created a new fund, the Coal Workers' Pneumoconiosis Fund (CWP Fund), to provide benefits for claims filed under KRS 342.732, which were incurred after December 12, 1996. At that time, assessments were imposed on both coal employers and coal severance and revenues from these assessments are restricted to the CWP fund. 

​Year ​Coal Employers ​Coal Severance Per Ton
1997​ ​3.00% $​0.025
​1998 ​1.00% ​$0.01
​1999 ​1.00% ​$0.01
​2000 1.00% ​$0.01
​2001 ​1.00% ​$0.0025
​2002 ​1.00% ​$0.0025
​2003 ​1.00% ​$0.0025
​2004 ​.50% ​$0.0025
​2005 .​50% ​$0.0025
​2006 .​50% ​$0.0025
​2007 ​.50% ​$0.0025
​2008 ​.00% ​$0.00
​2009 ​.00% ​$0.00
​2010 ​.50% ​$0.00435
​2011 ​.50% ​​$0.00435
​2012 ​​.00% ​$0.00
​2013 ​​.00% ​$0.00
​2014 2.54% ​​$0.0254
​2015 ​5.18% $0.​0492
​2016 ​14.82% ​$0.151
​2017 ​14% $0.15