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1750-0105 - Chargeback for Workers' Compensation
Account | Description | FY2011 GAA |
FY2012 House 1 |
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1750-0105 | Chargeback for Workers' Compensation For the cost of the commonwealth's workers' compensation program; provided, that the secretary of administration and finance shall charge state agencies for workers' compensation costs, including related administrative expenses, incurred on behalf of the employees of those agencies; provided further, that the personnel administrator shall administer those charges on behalf of the secretary and may establish regulations considered necessary to implement this item; provided further, that the personnel administrator shall notify agencies regarding the chargeback methodology to be used in fiscal year 2012 and the amount of their estimated workers' compensation charges and shall require agencies to encumber sufficient funds to meet the estimated charges, including any additional amounts considered necessary under the regulations; provided further, that for any agency that fails within 60 days of the effective date of this act to encumber funds sufficient to meet the estimated charges, the comptroller shall encumber funds on behalf of that agency; provided further, that the personnel administrator shall determine the amount of the actual workers' compensation costs incurred by each agency in the preceding month, including related administrative expenses, notify each agency of those amounts, charge those amounts to each agency's accounts as estimates of the costs to be incurred in the current month, and transfer those amounts to this item; provided further, that any unspent balance in this item as of June 30, 2012 in an amount not to exceed 5 per cent of the amount authorized is re-authorized for expenditure in fiscal year 2013; and provided further, that prior year costs for hospital, physician, benefit and other costs may be funded from this item
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57,040,378 | 57,040,378 |
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