|
Various jurisdiction's statutory cites and
titles of "second" or "subsequent" injury funds;
when they were created; whether they are still
open and if not, the date after which no
additional claims will be honored; the funding
method; and the most recent count of claims and
outstanding liabilities. |
|
Jurisdiction |
Statutory Cite For Second Injury Fund |
Official Name For Second Injury Fund |
Date Of Creation |
Still Open And Active? |
If Eliminated, Date After Which No Additional
Claims Can Be Submitted |
Current Method Of Revenue Collection |
Revenue Collected During Your Most Recent Fiscal
Year |
Number Of Claims Paid During Your Most Recent
Fiscal Year |
Total Expenditures For Claim Payments During
Your Most Recent Fiscal Year |
Fiscal Year Of Total Expenditures And Number Of
Claims In Prior Columns |
Estimated Outstanding Liabilities |
Date Of Outstanding Liability Estimate |
|
Sample State 1 |
MCA 39-71-901 thru 39-71-915 |
Subsequent Injury Fund |
1973 |
Yes |
Not applicable |
Assessments based on WC paid losses during the
preceding calendar year payable by July 1 of
each year |
$0 |
17 |
$592,637 |
7/1/06 - 6/30/07 |
$3,560,510 |
6/30/2008 |
|
Sample State 2 |
48-128 |
We previously had a "Second Injury Fund" but on
July 1, 2000, any money in the Second Injury
Fund was transferred to the Workers'
Compensation Trust Fund. Therefore, the Second
Injury Fund per se no longer exists |
1913 |
No |
12/01/1997 |
Insurers, group self insurers and self insured
employers pay each March 1 to the Director of
Insurance, 2% of the workers' compensation
benefits paid by it during the preceding
calendar year |
Cannot be identified. Assessments are now paid
to the Workers' Compensation Trust Fund which
also supports vocational rehabilitation payments |
552 |
$352,944.65 (5) |
July 1, 2007 to June 30, 2008 |
Unknown |
Not applicable |
