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.
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Assessment Rates |
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Assessment Rates for 2009 have been set by the Funding Commission's Board of Directors, and remain the same as 2008. The rates are listed below.
All Employers Rate 6.5%
Additional Coal Rate 0.0%
Severed Coal Assessment 0 cents per ton severed
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Employment Opportunities |
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The Funding Commission is currently accepting applications for a Premium Auditor. Please visit the Staff section of our website for more details.
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Office Contact |
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Kentucky Workers' Compensation Funding Commission
42 Millcreek Park
P.O. Box 1128
Frankfort, KY 40602-1128
Phone: 502-573-3505
Fax: 502-573-4923
Contact Us:
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