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APPLY FOR 2015 NYSEC SCHOLARSHIP NOW
Applications are now being accepted for the 2015 NYSEC Scholarship Award. Eligibility is limited to Children and Grandchildren of owners and management employees. The total award is $4,000, payable at $500 per semester. Please note the application and all materials are due no later than June 19, 2015. Best of luck to all applicants! (Download application here).
Download MAR 2015 Issue
Download FEB 2015 Legislative Update
OSHA RECORDKEEPING REMINDER
OSHA requires firms with 11 or more employees to record injuries during
the 2014 calendar year on the 300 log, and then post the summary form
300A for the period February 1 to April 30, 2015. Note that it is not
necessary to record cases where only first-aid was rendered. If there
were no injuries, form 300A must still be posted (indicating zero’s and
signed by an officer).
Form C-2, used to report workers’ compensation claims, is helpful when
completing the 300 log. The C-2 is also an allowable substitute for OSHA
form 301, therefore in that case form 301 is not necessary.
You must retain the OSHA 300 log and 300A summary, along with applicable
C-2’s, for a period of 5 years. After 5 years you may discard the OSHA
forms, but it is recommended that you keep a copy of all C-2 forms in
your files for at least 18 years.
Note all employers must report all work related fatalities within 8
hours, and, as of January 1, 2015, all work related inpatient
hospitalizations, all amputations and all losses of an eye within 24
hours. The number is 800 321-OSHA (6742). If an incident of that
magnitude were to occur that you should also contact your insurance
broker/ carrier for assistance.
The State of New York disallowed a 16%
rate increase request, and has held the base rates at 0% increase
effective with policies renewing on and after October 1, 2014. The
loss cost rate for Code 5190- Electrical Wiring remains unchanged at 6.04. The NYS Assessment charge
was reduced from 18.8% to 13.8% of premium
The loss cost rate, multiplied by a
carrier loss cost multiplier yields the total rate charged by the
carrier. Each carrier's final rates will vary based upon their
For those who qualify for Payroll
Limitation, the weekly payroll "cap" of $1,204.81 will be
revised to $1,212.98 effective with renewals October 1, 2014 and after.
Benefits for injured workers are
indexed to 2/3 of the average statewide weekly wage. Effective July 1,
2014, the weekly maximum benefit for injured workers is $809.05, up from
$803.21. For many years the weekly maximum was held constant at
If you would like further information
on Workers' Compensation rates or a quote from the Association's
Workers' Compensation Group, contact Jay Mangione
at the Association office.
PROPERTY & LIABILITY
GROUP COVERS OVER 135 NYSEC MEMBERS!
Interest running high in this
members only program!!
The State Association has partnered
Company and Cool Insuring Agency
to offer a property and liability group. The program is tailored
to specifically address electrical contractor coverage issues, and
offers an additional discount for State Association members.
Those currently insured with
Harleysville should speak with their broker to learn of the additional
benefits and savings available through the group. Quotes and
further information may be obtained by contacting
Jay Mangione at the Association office.
•Scholarship Award Program
The New York State Association of
Electrical Contractors Scholarship Award Program is funded
by contributions from our members. Use the link below to
download and/or print the application.
The New York State
Association of Electrical Contractors
P.O. Box 807
Latham, NY 12110
The New York State Association of Electrical Contractors, founded in 1899, is dedicated to promoting the exchange of information and ideas, fostering of business relationships and networking opportunities, development of group business and insurance programs, and the advancement of State legislative interests common among all member firms in the electrical contracting and related industries.