2014 - 2015 Fiscal Year 50-5 Assessment True-up

To all Private Self-Insured Employers:

The Workers' Compensation Board (WCB) has finalized (trued-up) the 50-5 2014 assessment year, which is from April 1, 2014 to March 31, 2015. This true-up, also known as the 5th quarter (Q5), reconciles the actual assessment amount and the actual paid indemnity. This reconciliation results in either an amount due or a refund due.

In the next few days, the WCB will be mailing correspondence that either contains a refund check or includes a notice of an additional amount due. The payment due date is February 22, 2016 for those with amounts due.

If you have any questions, contact the WCB's Finance Office at WCBFinanceOffice@wcb.ny.gov.