New Mexico State Worker's Compensation Assessment Fee Is Not Calculated
Last updated on DECEMBER 06, 2016
Applies to:Oracle HRMS (US) - Version 188.8.131.52 and later
Information in this document applies to any platform.
FORM:PAYUSDCR.FMB - Define Rates for Workers Compensation
FORM:PAYUSDJC.FMB - Define Job Codes for Workers Compensation
Find that the New Mexico Workers Compensation Assessment Fee is not being calculated for either the Employer or Employee portion.
Expect the New Mexico Workers Compensation Assessment Fee to be calculated as detailed in the Vertex guide:
- EMPLOYER RATE $2.30 per quarter per employee
- EMPLOYEE RATE $2 per quarter
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