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Employer Electronic Payment Option
The Funds Administration is now accepting annual assessment payments electronically for our three trust funds: Second Injury Fund (SIF), Silicosis, Dust Disease & Logging Industry Compensation Fund (SDDF), and the Self-Insurers’ Security Fund (SISF). Carriers now have the option of paying their annual assessments electronically by Automated Clearing House (ACH) Credit.
The ACH Credit feature allows the employer to authorize payments to the Funds Administration using both the National Automated Clearance House Association (NACHA) Cash Concentration & Disbursement (CCD) + and Corporate Trade Exchange (CTS) standard formats.
For more information please contact our Assessment Coordinator, Allison Kelly at 517-284-8871 or by e-mail at kellya4@michigan.gov.