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Welcome

Welcome to the July 2009 edition of the Tasmanian Risk Management Fund newsletter, riskmatters, published by the Department of Treasury and Finance.

Treasury will be consulting with agencies and industry representatives to commence consideration for a review of the pre-qualification system for building and construction.

We provide information on new requirements under the recently amended Public Works Committee Act 1914.

Also in this issue are details of whole-of-Government guidelines for the management of volunteer activity, advance notice of a review of agency assets, and an update on the tender to provide an audit of the TRMF’s Fund Administration Agent .

Di Hope
Editor

TRMF – team news and changes

Audit of the TRMF Fund Administration Agent
Deloitte Touche Tohmatsu has been contracted to provide an audit of the TRMF’s Fund Administration Agent.

In addition to the contract above, Finity Consulting Pty Ltd has been appointed to provide a one-off audit to develop qualitative performance indicators and to benchmark the Fund’s claims management against a best practice framework.

Advance notice – review of agency assets
In August 2009, Treasury will again be asking agencies to provide an updated list of assets.

A questionnaire will be supplied to agencies in early August 2009 and agencies will have until mid-October to respond.

The data collected will be used by the Actuary for the calculation of contributions for the 2010-11 financial year.

Cover for agency related entities
Only agency related entities that have been specifically approved by Treasury in writing after 21 December 2006, are currently covered by the TRMF.

Agencies requiring cover for an entity must submit a formal written request to Treasury together with comprehensive evidence of how the entity meets the three criteria for cover.

Information on the three criteria is included in the TRMF’s Policy and Disclosure Document available on the TRMF website at www.treasury.tas.gov.au/trmf.

Entities currently covered by the TRMF are listed in the Policy and Disclosure Document.

Injury Management Model
Agencies are reminded that under the Return to Work and Injury Management Model, you will be required to develop an Injury Management Program and appoint Injury Management Coordinators.

Please note that the implementation date has been extended to late 2009. Contact WorkCover Tasmania at www.workcover.tas.gov.au for details.



Finding TRMF on the new Treasury Website

Now that Treasury has a new look website, there is no longer an "image link" to the Fund from the home page.

We do have our own shortcut : http://www.treasury.tas.gov.au/trmf and you can bookmark this address, otherwise please select Tasmanian Risk Management Fund from the Quick Links menu on the new Home Page.



riskmatters
Subscription Service
Why not become a subscriber to the electronic version of riskmatters on www.treasury.tas.gov.au and receive an e-mail alert and link to the site on the day of publication.

To register, contact the newsletter editor, Di Hope, at the Department of Treasury and Finance on (03) 6233 6597 or e-mail trmf@treasury.tas.gov.au.



 
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