Second Injury Fund: Missouri Auditor Says Fund It, or Shut It Down

"The fund is currently insolvent, with unpaid liabilities totaling over $28.1 million, and no means to pay the benefits required by statute. To remedy this situation, the Governor and legislature need to work together to determine whether the fund's statutory purpose remains the state public policy or the program should be reduced or eliminated. If it is decided the program should be continued, a plan should be adopted to re-capitalize the fund and ensure future revenues are adequate to cover statutorily required benefits in the future."

Thomas A. Schweich, MO State Auditor (Jan. 11, 2013)

Click here to read to report

Read more about "Second Injury Funds" and workers' compensation

Are Second Injury Funds Going to be History Soon? - Workers ...

Mar 20, 2012

Workers' Compensation: Are Second Injury Funds Going to be History Soon? As the Second Injury Fund debate in Missouri becomes more heated, one must consider the underlying issues challenging its existence. Whatever ...

http://workers-compensation.blogspot.com/

Rescue Legislation for Missouri Second Injury Fund Fails - Workers ...

Apr 21, 2010

The Missouri legislature failed to pass legislation that would rescue the state's Second Injury Fund (SIF) from financial collapse. The SIF has been long targeted for extinction by Industry in Missouri. The Attorney General order ...

http://workers-compensation.blogspot.com/

Workers' Compensation: NJ Second Injury Fund Is In Financial Trouble

Jan 25, 2010

NJ Second Injury Fund Is In Financial Trouble. Governor Christie's transition team reported that the NJ Second Injury Fund (SIF) is insolvent. Several options were presented, if the SIF is going continue to operate. The SIF was ...

http://workers-compensation.blogspot.com/

Workers' Compensation: Missouri, The Second Injury Fund and ...

May 09, 2011

In an editorial it declares that injured workers should receive benefits that they have been awarded un the Missouri workers' compensation Second Injury Fund which is now underfunded and unable to meet payment.

http://workers-compensation.blogspot.com/

Related articles

• The "New Normal," Special Compensation Funds and Viability (workers-compensation.blogspot.com)
• NJ Workers Compensation Premiums Go Up for 2013 (workers-compensation.blogspot.com)
• NY Worker's Compensation Board Proposes New Medical Treatment Guidelines (workers-compensation.blogspot.com)
• Insurance Company Broker Caught Cooking the Books (workers-compensation.blogspot.com)