The ACT Default Insurance Fund (the DI Fund) provides a safety net to injured workers who are left without compensation through the actions of their employer.
The cost of providing this protection is met by every ACT employer who does the right thing and obtains a compulsory workers’ compensation insurance policy. In the past, the cost to policy holders (the DI Fund levy) has been incorporated within the overall workers’ compensation premium paid by employers.
From 4pm, 30 June 2010 insurers were required to disclose the DI Fund levy amount on every premium notice. This allows every employer who does the right thing to see the true cost of non-compliance in the community.
Through community awareness and action, those employers who avoid their workers’ compensation responsibilities will be brought to account. Report fraud and non-compliance to WorkSafe ACT on (02) 62073000.
Click here for information on the Default Insurance Fund.
See our Guidance Note – Workers Compensation – Default Insurance Fund for more information.