418.501 Self-insurers’ security fund and second injury fund; silicosis, dust disease, and logging industry compensation fund; uninsured employer’s security fund; private employer group self-insurers security fund; definitions. Sec. 501. (1) A self-insurers’ security fund and a second injury fund are created. (2) A silicosis, dust disease, and logging industry compensation fund is created. (3) An […]
418.501a Liability of self-insurer’s security fund; termination on January 1, 2020; responsibility of PEGSISF on and after January 1, 2020; assessment. Sec. 501a. (1) The liability of the self-insurers’ security fund under this act for any payment of claims made against a self-insured member of a private employer group self-insurer terminates on January 1, 2020. […]
418.501b Assessments. Sec. 501b. If the director determines that there is a reasonable likelihood that the remedies available under R 408.43s of the Michigan administrative code will be insufficient to meet the obligations of the trust, the director may assess private employer group self-insurers to the extent necessary to secure payment of benefits for which […]
418.502 “Insolvent private self-insured employer” defined. Sec. 502. For the purposes of this act, an insolvent private self-insured employer means either an employer who files for relief under the bankruptcy act or an employer against whom bankruptcy proceedings are filed or an employer for whom a receiver is appointed in a court of this state. […]
418.511 Board of trustees; appointment, term, expenses. Sec. 511. The funds shall be managed by a board of 3 trustees, 1 of whom shall be the director, the remaining 2 of whom shall be appointed by the governor with the advice and consent of the senate and so selected by the governor that 1 trustee […]
418.515 Board of trustees; powers and duties; funds administrator; office space; clerical assistance; expenses; legal advice and representation. Sec. 515. (1) The trustees shall have general authority to carry out the purposes of this chapter, shall make such rules as they consider necessary, shall maintain records and institute systems and procedures or take any other […]
418.521 Second injury fund; payments reimbursable. Sec. 521. (1) If an employee has a permanent disability in the form of the loss of a hand, arm, foot, leg or eye and subsequently has an injury arising out of and in the course of his employment which results in another permanent disability in the form of […]
418.531 Disability or death from silicosis, dust disease, employment in logging industry, or exposure to polybrominated biphenyl; reimbursement of carrier; limitation; right of funds to commence action and obtain recovery. Sec. 531. (1) In each case in which a carrier including a self-insurer has paid, or causes to be paid, compensation for disability or death […]
418.532 Repealed. 1996, Act 357, Eff. June 1, 2000. Compiler’s Notes: The repealed section pertained to rights and liabilities of uninsured employer.Popular Name: Act 317
418.535 Disability caused by combination of causes; apportionment; reimbursement of employer. Sec. 535. If an employee’s disability is caused by a combination of silicosis or other dust disease, or arose in the course of employment in the logging industry, and other compensable causes, a worker’s compensation magistrate shall apportion the amount of disability between that […]
418.537 Payments from self-insurers’ security fund. Sec. 537. (1) The trustees may authorize payments from the self-insurers’ security fund upon request to the fund’s administrator by a disabled employee or a dependent of the disabled employee as described in section 331 who is receiving or is entitled to receive worker’s compensation benefits from a private […]
418.538 Claims authorized under MCL 418.501a; payment. Sec. 538. The trustees may authorize payments from the private employer group self-insurers security fund for claims authorized under section 501a. A claim may be made against the PEGSISF by request through the funds administrator or by filing a petition for hearing with the agency. History: Add. 2014, […]
418.541 Payments from funds; notice of claim for reimbursement; agreements; rights of fund as employer or carrier. Sec. 541. (1) All payments from the funds shall be determined by the trustees and made upon an order signed by a trustee. If a dispute arises between the trustees and a carrier as to any determination by […]
418.545 Compromising liability of silicosis, dust disease, and logging industry compensation fund; redemption of liability. Sec. 545. The trustees may compromise the liability of the silicosis, dust disease, and logging industry compensation fund by entering into a redemption of liability directly with the employee if, in the judgment of the trustees, it is in the […]
418.551 Assessments; notice; payment; assessments as elements of loss in establishing rates; continuation of liability; certification of receipts; delinquencies; disposition of money; investments; disposition of earnings; reports and accounting; annual financial report; report regarding self-insurers’ security fund’s management of claims; exclusion of personally identifiable information. Sec. 551. (1) As soon as practicable after January 1 […]
418.552 Insufficiency of funds; borrowing; repayment; restriction; special assessment. Sec. 552. (1) If, before the end of any calendar year, the annual assessments, after having been substantially collected, have not provided funds sufficient to either the second injury fund or the silicosis, dust disease, and logging industry compensation fund to meet the known obligations of […]
418.552a Expired. 1980, Act 357, Eff. Jan. 1, 1986. Compiler’s Notes: The expired section pertained to employers required to participate in safety education and training programs or to utilize department of labor services.Popular Name: Act 317
418.552b Silicosis, dust disease, and logging industry compensation fund; review; report. Sec. 552b. The silicosis, dust disease, and logging industry compensation fund created in section 501 shall be reviewed by the department of labor and reported upon to the legislature not later than January 1, 1985. History: Add. 1980, Act 357, Eff. Jan. 1, 1982 […]
418.553 Self-insurers’ security fund or private employer group self-insurers security fund; subrogation. Sec. 553. The self-insurers’ security fund or the private employer group self-insurers security fund, after paying an injured employee, shall have all the rights of the injured employee as a creditor of the insolvent employer to the extent of benefits it paid. The […]
418.555 Reimbursement provisions; delinquent carriers. Sec. 555. The reimbursement provisions of this chapter are not available to any carrier currently delinquent in paying any assessment authorized in this chapter. History: 1969, Act 317, Eff. Dec. 31, 1969 ;– Am. 2014, Act 237, Imd. Eff. June 27, 2014 Popular Name: Act 317
