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Virginia Workers’ Compensation Commission | 2015 Annual Report

12

Virginia Workers’ Compensation Commission (VWC)

Fiscal Year 2015 (July 1, 2014-June 30, 2015)

Uninsured Employer’s Fund (UEF)

Salary and Benefits

Full-time employees

Contractual Services

Communications,

postage, travel and

computer maintenance

Fixed Costs

Lease agreements,

insurance and utilities

Miscellaneous

Supplies and equipment

$40,539,291

Total Collection

74.8%

17.6%

4.6%

3%

VWC collects an assessment from

all workers’ compensation insurers

and self-insurers for the operating

budget of the Commission, as well

as the Uninsured Employer’s Fund.

The Uninsured Employer’s Fund can provide

compensation and medical payments to

injured employees or dependent(s) whose

employer was not properly insured at the

time of a work-related accident.

$1.7M

$4M

UEF Fines and Recoveries

Operating Expenses

vwc revenues

&

expenditures

RESULTS

FINANCIAL

VWC Total Expenditures