Member Services | Audit Procedures | Special notes
  • Executive officers of a corporation covered under a policy have the same status as the employees covered under the policy. Premium is based on their total payrolls, and must fall between certain minimum and maximum payroll amounts that are established each year. For example, effective October 1, 2009, the minimum individual remuneration for an executive officer is $17,368 per year and the maximum is $140,400. In the prior year, effective October 1, 2008, the minimum individual remuneration for an executive officer was $17,316 and the maximum was $140,400.

    The payroll of an executive officer is to be assigned to the classification that applies to the principal operations in which the executive officer is engaged.

    If an officer elects to be excluded from coverage, KESA requires a copy of the Form 4 that is on file with the Office of Workers' Claims.  To obtain a Form 4, contact the Office of Workers' Claims, Enforcement Division, at 502-564-5550, ext. 4495.

  • Ordinarily, partners and sole proprietors are excluded from coverage. However, they can be covered, and if so, they have the same status as other covered employees. The premium is based on an annual payroll amount that is established each year. For example, effective October 1, 2009, the payroll amount is $46,500. For the prior year, effective October 1, 2008, the payroll amount was $46,400. The established payroll amount is used in calculating premium regardless of whether the individual's actual earnings are more or less than the established amount.

  • If your company adds a new operation or class that is not on your original payroll schedule, please contact your agent to determine the new payroll classifications and rates. This will avoid a large audit billing or overpayment of premium.

  • If you start or buy a new company, you must have your agent contact KESA to see if it can be added to your policy.