Annual Report 4-1-16

vwc revenues & expenditures

Virginia Workers’ Compensation Commission (VWC) Fiscal Year 2015 (July 1, 2014-June 30, 2015)

$40,539,291 Total Collection 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. RESULTS

VWC Total Expenditures

74.8%

17.6%

4.6%

3%

Salary and Benefits Full-time employees

FINANCIAL

Contractual Services Communications, postage, travel and computer maintenance

Uninsured Employer’s Fund (UEF) 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.

Fixed Costs Lease agreements, insurance and utilities

$4M

UEF Fines and Recoveries

$1.7M

Miscellaneous Supplies and equipment

Operating Expenses

12

Virginia Workers’ Compensation Commission | 2015 Annual Report