Payroll Reports & Statements

NYSIF is required to audit the payroll records of employers for the purpose of determining premiums for their workers’ compensation policies. In the interest of efficiency and convenience and in lieu of an actual audit of your books, NYSIF allows some policyholders to complete a payroll report or statement.  

NYSIF asks policyholders who receive a payroll report or statement to complete and return it to NYSIF within 30 days. All information submitted on a payroll report or statement is subject to verification, and NYSIF reserves the right to perform an actual audit.