MISSOURI DEPARTMENT OF LABOR AND INDUSTRIAL RELATIONS LABOR NEWS Matt Blunt, Governor      Omar D. Davis, Director

FOR MORE INFORMATION CONTACT:  Wanda Seeney (573) 751-7500
FOR IMMEDIATE RELEASE:  October 31, 2007

Workers’ Compensation Administrative Tax and Workers’ Compensation Administrative Surcharge 1%; Second Injury Fund Surcharge 3%

Jefferson City, MO - The Missouri Department of Labor and Industrial Relations’ Division of Workers’ Compensation announced the administrative tax placed on workers’ compensation insurance premiums and the workers’ compensation surcharge placed on deductible plan policyholders will remain at 1 percent for calendar year 2008. The Second Injury Fund surcharge will, likewise, remain at 3 percent for calendar year 2008.

Under Missouri law, the state is statutorily required to assess a workers’ compensation tax/surcharge and a second injury fund surcharge. Revenue derived from the workers’ compensation tax /surcharge is used to fund expenses associated with administering the workers’ compensation program. The revenue generated by the second injury fund surcharge is used to pay benefits to injured workers who had previous disabilities.

For more information, please refer to http://www.dolir.mo.gov/wc/.

 

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Information and Planning  ·  421 East Dunklin  ·  P.O. Box 504   ·  Jefferson City, MO 65102-0504
573-751-7500  ·  573-751-6552 (Fax)

Relay Missouri:  1-800-735-2966 (TDD)  1-800-735-2466 (Voice)

www.dolir.mo.gov