Coal Assessments to Increase in 2019

The Kentucky Workers’ Compensation Funding Commission set the 2019 assessment rate at 6.41%, up from 6.29% in the current year. The commission set a "coal additional rate" at 2%, on top of the 14% rate now collected. The commission set the severed coal rate at 20 cents per ton, up from 15 cents currently.  The Funding Commission is responsible for managing investments for several restricted funds that pay for coal miners' workers' compensation claims.The Funding Commission manages the Special Fund, Coal Workers' Pneumoconiosis Fund, Self-Insurance F...