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 Workers' Compensation Premiums reduced by $8 million Minimize

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6/15/2008

The SEG Self-Insurer Workers' Compensation Fund will apply $8 million of accumulated assets to reduce members' premiums for the 2008-2009 policy year. This brings the total amount returned to members to more than $175 million. Members that are eligible to receive the premium reduction will have 25 percent of their shares applied against each quarterly invoice. The distribution of accumulated assets to reduce premium was approved by the Michigan Workers' Compensation Agency and the Fund's Board of Trustees. This is the 27th consecutive year in which members have received premiums reductions, surplus or dividends.


  
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