Pennsylvania Code
Title 31 - INSURANCE
Part VIII - Miscellaneous Provisions
Chapter 165 - WORKERS' COMPENSATION SECURITY FUND
Section 165.6 - Amount of Fund
Universal Citation: 31 PA Code ยง 165.6
Current through Register Vol. 54, No. 12, March 23, 2024
(a) A minimum balance of $500 million shall be maintained in the Fund.
(b) If, due to the payment of liabilities or claims, the balance of the Fund is reduced below $500 million, the Department, in order to return the Fund to the $500 million level, will require contributions sufficient to fund:
(1) The
current shortage below $500 million.
(2) Plus the expected payment of liabilities
for the next calendar year.
(3)
Plus expenses to administer the Fund for the next calendar year.
(4) Less expected investment earnings on the
Fund balance during the next calendar year.
This section cited in 31 Pa. Code § 165.5 (relating to administration).
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