To replace an existing state “self-insurers' security fund” for covering worker's compensation insurance benefits from a private self-insurer that becomes insolvent with a new “private employer group self-insurers security fund,” starting in 2020. This fund would pay injured or disabled employees’ claims and impose assessments on member groups to cover the insufficiency if one of them is unable to pay valid claims. This is part of a legislative package intended to provide several hundred former Delphi Corporation employees with workers' compensation benefits that reportedly have not been available since 2009 due to the company's bankruptcy.
109 Yeas / 1 Nay | |
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