The fee for the employer is $2.30 times the number of covered employees working on the last day of the quarter. The fee for covered employees working on the last day of the quarter is $2.00. Payment is due by the last day of the month following the end of the quarter. Employers must report and pay both fees using the form WC-1, Workers’ Compensation Fee. Instructions for WC-1 are available online. Employers must register with the Taxation and Revenue Department in order to file the WC-1.
The revenue from these fees goes to the state treasurer to be deposited in the Workers’ Compensation Administration Fund, of which $.30 per employee of the fee assessed against the employer reaches the Uninsured Employers’ Fund.