The Annual Contribution (AC) and Retrospective Computation (RC) calculations provide the Authority with necessary resources for the defense and payment of claims, funding for excess and reinsurance premiums, claims administration fees, broker fees, operating expenses, and all other costs associated with the coverage programs. For budgeting purposes, the Authority has created an AC invoice summary for the upcoming 2017-18 coverage year. The summary of each agency’s cost of coverage for the upcoming coverage year includes:
- 2017-18 AC
- October 2016 RC (if applicable)
- Active payment plans (if applicable)
The AC invoice summary is available on the Authority’s website on the Cost Allocation page. Access to this summary requires a username and password. If you need assistance with your username and/or password, please visit the myJPIA Login page, and click the appropriate help button.
AC invoices will be emailed to members in May. If you have any questions, please contact Lam Le, Financial Analyst, via email or at (562) 467-8729.