W. Va. Code R. § 85-18-12

Current through Register Vol. XLI, No. 45, November 8, 2024

Section 85-18-12 - Payroll Reports, Assessments and Surcharges

12.1. Upon filing an application for self-insured status, an employer acknowledges its obligation to continue to make all payments and file all reports required by chapter twenty-three of the West Virginia Code and the rules promulgated thereunder.

12.2. On or before the last day of the first month of each quarter, for the preceding quarter, each self-insured employer shall file with the Commissioner a sworn statement of the total payroll of all of its employees subject to chapter twenty-three of the West Virginia Code for the preceding quarter.

12.3. In addition to properly and timely administering and paying workers' compensation claims, self-insured employers are also responsible for timely remittance of debt reduction and regulatory surcharges pursuant to W. Va. Code § 23-2C-3 and W. Va. CSR § 85-6-1 et seq. and, if applicable, remission of self-insured pool assessments pursuant to W. Va. CSR § 85-19-1 et seq. Failure to timely remit the surcharges and assessments will result in delinquency and, if the delinquency is not cured, default, which can subject the self-insured employer to penalties, including revocation of self-insured status.

W. Va. Code R. § 85-18-12