Making Workers' Compensation Work Right for Minnesota's Union Construction Industry

- UCWCP NEWS



WELCOME ABOARD NEW MEMBERS!


Contractors:

  Effective November 1, 2017:
  Red Cedar Steel Erectors, Inc.

  Effective October 1, 2017:
  Designing Earth Contracting, Inc.
  RJ Ryan Construction, Inc.

  Effective September 1, 2017:
  Pete's Water & Sewer
  Specialty Systems, Inc.



Sponsoring Insurance Provider:

  Effective April 1, 2017, Hanover Insurance Group was approved as our newest sponsoring insurance provider. They offer a 5% premium credit for our members.



SUBSCRIPTION FEES FOR 7/1/2017 TO 6/30/2018: DECREASED!

Great News! The Board of Trustees approved a DECREASE of the payroll assessment rate (from .13% to .12%) and NO CHANGE to the minimum annual fee ($960) or maximum annual fee ($8,450).

The corresponding amounts of minimum and maximum assessed payroll were changed to reflect the decrease, as follows:
*Minimum assessed payroll: $800,000 x .0012 = $960/year;
*Maximum assessed payroll: $7,041,670 x .0012 = $8,450/year.



2017 MILESTONES

  • • In C.Y. 2016, our 357 member contractors paid $1.2 BILLION to employees covered by collectively bargained agreements, an increase of 7% from 2015. Our members continue to win more bids!
  • • 20th Year Anniversary: July 1, 2017 marks our twentieth year of operations.
  • • Membership Growth: In the first half of 2017, new enrollments exceed those in all of 2016. Thank you for spreading the word to your peers in the industry about benefits of membership.



NEW DOCUMENTS

Check out what we've added to the Program Documents page. The documents cover the importance of reporting injuries and provide examples of incident reporting forms. Click here to visit the Program Documents page.



2016 AUDIT RESULTS

The UCWCP is a Taft-Hartley Trust, qualified pursuant to Internal Revenue Code 501 (c) (9). As such, an audit of the Trusts’ financial statements and net assets is completed annually by an independent auditor. For the 2016 calendar year, the trust has again obtained the highest quality rating based upon generally accepted accounting principles.