Annual Employer Statements - PRIME Reminder!
To be considered for 2014 PRIME refunds, make sure you complete and return your 2014 Annual Employer Statements by February 28, 2015. If you choose to file using paper statements, ensure you complete the PRIME section on your payroll statement. Helpful tip: By filing your statements online through connect, you can take advantage of PRIME tools to help improve your PRIME compliance and qualify for refunds. To learn more click here.
The 2015 PRIME program is now ongoing. Below is some important information to help you succeed in 2015 PRIME.
Employer Claim Costs and PRIME Status Reports
In an effort to be green conscious, the Commission has eliminated the printing of the Explanation of Terms sections of the monthly Employer Claim Cost Reports and the PRIME Status Reports.
To access this information see Related Documents.
Employers should register for connect, the Commission’s web service, if they wish to receive their cost reports online. Once employers are registered, they no longer receive their cost reports in the mail. Click here to register for connect.
Reminder: Deadline for PRIME practice incentive for 2015
December 31 is the deadline for employers to meet the 2015 practice incentive criteria in order to receive a 5% practice incentive refund in 2016. Go to our PRIME site to see the requirements by size of business.
Occupational health and safety training is a mandatory component for most employers – if you need help finding a training provider or course visit our website.
Lower your assessments through the PRIME experience incentive
Preventing injuries and managing claim costs can lead to lower assessments through the experience incentive component of PRIME.
Remember, you must first qualify for your practice refund to be considered for an experience refund. However, if you did not qualify for the practice refund and your claim costs result in experience charges, these charges will still apply.
Your experience incentive results are based on your claim costs which can be found on your PRIME Status Report. This report is generated monthly if you have claim costs and a designated claim cost contact on your account. If you are registered for connect, you can access this report on-line.
Keeping your account information up to date is important for PRIME. For example, ensuring that your payroll estimate and description of industry is accurate will provide you with a realistic estimate of your potential experience results.
If you have any questions about the PRIME program, please contact us at (709) 778-1000 or 1-800-563-9000.