Welcome

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   * * *

KRS 342.122(2)(b) Beginning on January 1, 2020, all assessments shall be electronically remitted to the funding commission quarterly not later than the thirtieth day of the month following the end of the quarter in which the premium is received. Receipt shall be considered timely when filed and remitted using the appropriate electronic pay system as prescribed by the funding commission. Employers carrying their own risk and employers defined in KRS 342.630(2) shall pay the annual assessments in four (4) equal quarterly installments.
 
Our Quarterly Premium Report Online System (E-File/E-Pay) 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. 
 
 
IMPORTANT:
When filing electronically, you must remit a corresponding EFT payment.
Electronic reports in "Pending" status are not complete until electronic payment has been fully processed.
 

 *** 2020 Assessment Rate ***

The KWCFC Board of Directors met at the regularly scheduled meeting on Wednesday, September 25, 2019 and set the following rates for 2020.
 
All Employers Rate: 6.41%
Coal Additional Rate: 0.00%
Severed Coal Rate: $0.00 per ton
  

 *** FY 2021 Board Meeting Dates ***

June 11, 2020-Special Meeting 
July 22, 2020
September 23, 2020
November 18, 2020
January 27, 2021
March 24, 2021
May 19, 2021
 
 
Link for July 22, 2020  meeting on zoom:
 
Meeting ID: 837 4621 3855
Password: 903813
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Meeting ID: 837 4621 3855
Password: 903813
Find your local number: https://us02web.zoom.us/u/kcyac40c4


 

 
Office Contact
 
Kentucky Workers' Compensation Funding Commission
42 Mill Creek Park
Frankfort, KY 40601
(502) 573-3505 - Office
(502) 573-4923 - Fax