- The Fund Administrator shall be appointed by the Board of Directors. He shall be responsible for the administrator of the Government Insurance Fund and shall:
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(1) protect the solvency of the fund by doing actuarial studies; determine premium rates in keeping with costs of administration and payment of claims under this chapter;
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(2) pay claims upon orders issued by the WCA;
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(3) plan and improve by electronic means, the speedy payment of claims as provided under this chapter;
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(4) maintain accounts of income, expenditures and balances;
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(5) report regularly (quarterly, semi-annually or annually) to the Board of Directors upon demand by the board;
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(6) manage a staff of employees of the Fund in both districts;
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(7) prepare budgets of the Government Insurance Fund;
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(8) certify documents;
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(9) perform such other duties related to the management of the Government Insurance Fund as provided by this chapter.
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