Please be advised of an important update to CESA’s Delinquent Accounts Policy effective June 30, 2016. The policy is available for review here.
The amendments to the Policy provide a process for the consistent handling of member accounts which have fallen into a state of delinquency repeatedly.
Changes to the Policy include:
- The introduction of a new delinquent account classification for member accounts that fall back into a state of delinquency. Accounts that experience “repetitive delinquency” will be penalized a flat fee of $50 for repetitive delinquency, applied to the Member’s account for each report or remittance that is overdue.
- A re-registration process for companies whose membership with CESA has been terminated pursuant to section 6(b) of the Membership Agreement. Companies may reapply to become a member, however all EHFs and administrative penalties owing by the company must be paid to CESA in full as a precondition of their application being accepted.
By and large, CESA members have shown diligence in remitting and reporting in a timely manner. Accordingly, these amendments to the Policy will only affect a subset of the Program’s membership, ensuring that all members are operating on a level playing field and that the program remains financially stable.
Should you have any questions concerning the Policy please contact us at: firstname.lastname@example.org or call: 1-866-670-2327.