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