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December 07, 2004
Calif. Releases 2005 User Funding/Fraud/Uninsured Employer & Subsequent Injury Fund Rates
The California Department of Industrial Relations (DIR) has issued 2005 assessment rates for User Funding, Anti-Fraud Programs, the Uninsured Employer Benefit Trust Fund and the Subsequent Injury Benefit Trust Fund. State law requires insurers to collect money from employers to cover 100 percent of the Division of Workers' Compensation budget, fund the Department of Insurance and local District Attorney workers' comp antifraud efforts, pay benefits to injured workers whose employers were uninsured, and to provide for those who suffer from previous and serious permanent disabilities and impairments.
Posted by Tom Troceen