What is the Workers’ Compensation Assessment Fund?
The workers’ compensation administration fund was created to provide the funds necessary to administer Vermont’s Workers’ Compensation Program.
The fund consists of contributions from employers, based on the Workers’ Compensation Assessment Rate.
The statutory reference: 21 V.S.A. § 711. Workers' Compensation Administration Fund
Current Workers’ Compensation Assessment Rates:
- Insurance Companies: Effective July 1, 2020 the assessment rate remains at 1.4%.
- Self-Insured: 1% of workers’ compensation losses during the preceding calendar year.
**These assessment rates will remain in effect until further notice.
To view Historical Assessment Fund Rates, click here: https://labor.vermont.gov/document/historical-assessment-fund-rates
Please find "Self-Insurer's Report" form under Insurers link below