CFO Jimmy Patronis: Florida Boosts Apprenticeship Programs with $2 Million Workers’ Comp Insurance Rebate for Students
For
Immediate Release: Monday, September 9, 2024
Contact: Office of Communications, Communications@MyFloridaCFO.com, 850.413.2842
CFO Jimmy Patronis: Florida Boosts Apprenticeship Programs with $2
Million Workers’ Comp Insurance Rebate for Students
TALLAHASSEE, Fla. – Today,
Chief Financial Officer (CFO) Jimmy Patronis highlighted efforts to bolster
Florida’s apprenticeship programs and the work-based learning programs for
students 18 years old or less throughout the state by reimbursing the cost of
workers’ compensation insurance to participating employers. During the 2024
Legislative Session, lawmakers provided $2 million to the Florida Department of
Financial Services (DFS) to permit employers, including eligible school
districts and Florida College System institutions, to apply to DFS for
reimbursement of the proportionate cost of workers’ compensation premium paid
during the fiscal year for students participating in work-based learning
programs.
CFO Jimmy Patronis said,
“Apprenticeship programs and work-based learning are vital for the success of
our state’s students and workforce. The invaluable skills learned while on the
job empower students throughout their lives, providing them with career
opportunities that not only enable them to earn a great living but also
contribute meaningfully to their communities. Florida is already home to
world-class colleges and universities, and with innovative ideas like this, we
can continue to bolster our state’s apprenticeship opportunities and talent
pipeline so more students and employers can benefit. I strongly encourage
Florida businesses and universities to take advantage of this reimbursement
program to help equip the next generation with the hands-on education
opportunities required to be successful in their careers and pursue the
American Dream.”
Senator Travis Hutson said,
"Florida's apprenticeship programs are an amazing bridge between education
and experience, transforming eager learners into skilled professionals. Our
state’s businesses and job creators will benefit from this rebate program, and
I was proud to see this good legislation across the finish line. Thank you to
CFO Patronis and the DFS Team for being champions of workforce education, job
growth, and business development in Florida."
Florida Secretary of Commerce J. Alex Kelly said, “In
2019, Governor DeSantis set a goal for Florida to become number one in
workforce education by 2030 and Florida’s rankings as number one in talent
development and number one in higher education are a clear sign that we got
our homework done early. This rebate will help continue the great work of this
administration, increasing registered apprentices by 45%, keeping
Florida’s economy number one for job seekers and job creators.”
For more information and eligibility requirements for the Workers' Compensation Premium Reimbursement Work-based Learning (WBL) Program and answers to Frequently Asked Questions, please visit the Division of Workers’ Compensation website HERE.
Apprentice Florida encourages and assists businesses in establishing apprenticeships. For more information, please visit ApprenticeFlorida.com.
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About CFO Jimmy Patronis
Chief Financial Officer and State Fire Marshal Jimmy Patronis is a statewide
elected official and a member of Florida’s Cabinet who oversees the Department
of Financial Services. CFO Patronis works each day to fight insurance fraud,
support Florida’s firefighters, and ensure the state’s finances are stable to
support economic growth in the state. Follow the activities of the Department
on Facebook (FLDFS) and X (@FLDFS).