Workers Compensation Reporting Form How to effectively complete

Workers’ Compensation Reporting Form How to effectively complete the workers’ compensation payroll reporting form

The Reporting Form Workbook Helpful Hint: Use the arrow key or page up/down to review a slide.

Big Picture: Purpose of Reporting Form • Workers Compensation insurance is paid based on payroll. The formula (factors and discounts) is preset at the beginning of the Fund (policy) year. • Reporting form provides members with efficient way to calculate their portion of the cost for coverage. • Accurate reporting means less adjustments at the end of the year.

Instructions Page • Let us know how we can help.

Common Issues • Make sure you have this year’s form… • And, the correct member (all are preset)… Call the Fund if these are not correct

Select the Month Helpful Hint: To avoid confusion, the sheet is limited to this Fund year only.

Complete Yellow Sections Only Helpful Hint: Let Fund know how to contact the person completing.

Center Employee Payroll Helpful Hint: Count all workers including clients paid minimum wage or above. Contact Fund if a new classification is needed.

Center Employee Payroll Helpful Hint: For overtime pay, do not include the stipend for “overtime” just use the regular rate. In other words, do not include the “half” of the “time-and-a-half. ”

Other Coverage Options Helpful Hint: These will be blocked out if the member did not elect the coverage at renewal.

Other Coverage Options Helpful Hint: The beginning and ending dates for each week are merely suggested and can be overwritten to match the member’s work week.

Other Coverage Options Helpful Hint: Enter the number of officials and volunteers for each week.

Other Coverage Options Helpful Hint: “Client Employees: # of All Other” means clients who are paid less than minimum wage and are not considered “piece rate. ” Clients paid minimum wage, and above, are counted as employees.

Factors, Discounts and Rates = DONE Helpful Hint: The calculation is complete. You only need to remit payment for the amount shown.

Approve and Remit Payment Helpful Hint: As a separation of duties to protect the Fund, all payments to the Fund are processed by the Association’s office (Texas Council (not the Fund)).

Workers’ Compensation Reporting Form Thank You!!!