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HomeMy WebLinkAbout2022-23 Annual Contribution invoice Lake Elsinore California JPIA 8081 Moody Street Member ID LAKEE01 La Palma,CA 90623 Invoice# PRIM02050 CALIFORNIA (562)467-8727 Invoice Date 05/16/2022 . P , I , A (562)724-6045 fax Due Date 07/15/2022 City of Lake Elsinore 130 South Main Street Lake Elsinore,CA 92530-4109 Attention: Ms.Nancy Lassey Finance Manager Invoice Amount Annual Contribution: 2022-23 Liability Program $397,503 Workers' Compensation Program $245,409 Subtotal $642,912 Retrospective Adjustment Due Liability Program: Retrospective adjustment $18,497 Payment Plan Installment Fee - Payment Plan Installment Principal - Workers' Compensation Program:Retrospective adjustment ($1,613) Payment Plan Installment Fee - Payment Plan Installment Principal - Subtotal $16,884 Excess Pool Distribution: 2022-23 ($33,132) Total Due $626,664 If you prefer to pay by ACH transfer please send electronic payment to: Bank Name:Wells Fargo Bank Address:550 California,10'Floor;San Francisco,CA 94104 Account Name:California Joint Powers Insurance Authority ABA Number:121000248 Account Number:4121172332 More detailed information about the annual contribution and retrospective adjustment is available on the Authority's website. Payments received after July 23 will be charged an annual interest fee of 6.0%. This is 5%above the 1.0%yield to maturity at cost for all investments as shown in the Treasurer's report as of April 30,2022. Interest fees will be calculated from July 15,2022. - 1 -