Just Another Day at the Fund

One morning, not too long ago, the Accounting Department of TASB’s Risk Management Services received a quarterly Unemployment Compensation payment that should have gone directly to the Texas Workforce Commission (TWC). In the past, this particular member had sent the check directly to TWC, but for some reason this time they sent it to us. TASB accounting staff immediately recognized the payment was late and that the member would be subject to late penalties. In true TASB fashion, we took one of our own checks, made it payable to TWC, and hand delivered it the same day to TWC. Not only were we able to get the check to them that day, but we explained what happened and successfully had the Fund member’s late fees waived!

Just another day working with the TASB Risk Management Fund!