On Friday, May 7, 2010, the Florida Department of Financial Services, Division of Worker Compensation (Division), issued an order revising the Special Disability Trust Fund (SDTF) assessment. The assessment rate has been at 4.52% since July 1994. Effective July 1, 2010, the assessment rate is being reduced to 1.46%.
The Division also issued Informational Bulletin DFS-01-2010 on May 7, 2010. The Bulletin advises insurers, self-insurers, and other related stakeholders that the State of Florida’s Chief Financial Officer has issued an "Order Setting Assessment Rate for the Special Disability Trust Fund." The SDTF assessment rate is set by a statutory formula established in section 440.49(9), F.S. The informational bulletin and assessment rate order are available on the Department's web site at: www.myfloridacfo.com/wc/pdf/DFS-01-2010.pdf
Technical changes to Rule 69L-26.004, F.A.C. include corrections in statutory citations, updates to Division web addresses, and the addition of an e-mail address for the Bureau of Employee Assistance and Ombudsman Office.
The "Employee Notification Letter" is posted under Publications. Employers and carriers should begin using this letter on or before April 1, 2010.
If you have questions regarding these technical changes to the rule, please contact Pam Macon at (850) 413-1708.
Please be aware that individuals who are interested in filing for a new workers' compensation exemption or are seeking to renew their current exemption may receive solicitations from a private company offering exemption filing services. More »