News - Workers' Compensation Fund returns $8 Million in Accumulated Assets

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Workers' Compensation Fund returns $8 Million in Accumulated Assets

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	8/28/2007
Fund Returns $8 million in Accumulated Assets Members of the SEG Self-Insurer Workers' Compensation Fund are sharing in $8 million of accumulated assets, returned in the form of premium reduction, to eligilble members in good standing. The $8 million premium reduction is valued at 32 percent of the total premium. With this year’s distribution, the Fund has returned $167 million to members since its inception! This is the 26th consecutive year in which members have shared surplus, dividends or the application of accumulated assets to reduce premium. Each eligible member district will be credited with one-fourth the amount of their share of the accumulated assets on their quarterly Workers' Compensation invoice.

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