RCW 51.44.010 Accident fund. There shall be, in the office of the state treasurer, a fund to be known and designated as the “accident fund.” [ 1961 c 23 § 51.44.010. Prior: 1947 c 247 § 1(4d), part; Rem. Supp. 1947 § 7676d, part.]
RCW 51.44.020 Medical aid fund. There shall be, in the office of the state treasurer, a fund to be known and designated as the “medical aid fund.” [ 1961 c 23 § 51.44.020. Prior: 1923 c 136 § 8, part; 1919 c 129 § 1, part; 1917 c 28 § 4, part; RRS § 7713, […]
RCW 51.44.023 Industrial insurance rainy day fund—Administration—Advisory committee. (1) There shall be, in the custody of the state treasurer, a fund to be known and designated as the industrial insurance rainy day fund. (2) The director shall be the administrator of the fund, may transfer moneys into and out of the fund only as authorized […]
RCW 51.44.030 Reserve fund. There shall be, in the office of the state treasurer, a fund to be known and designated as the “reserve fund.” [ 1961 c 23 § 51.44.030. Prior: 1957 c 70 § 39; prior: 1949 c 219 § 1, part; 1947 c 246 § 1, part; 1929 c 132 § 2, […]
RCW 51.44.033 Supplemental pension fund. There shall be, in the office of the state treasurer, a fund to be known and designated as the “supplemental pension fund.” The director shall be the administrator thereof. The fund shall be used for the sole purposes of making the additional payments therefrom prescribed in this title and the […]
RCW 51.44.040 Second injury fund. (1) There is in the office of the state treasurer a fund to be known and designated as the “second injury fund,” which may be used only for the purpose of defraying charges against employers and for supporting return-to-work outcomes for injured workers as provided in RCW 51.16.120, 51.32.095(4), and […]
RCW 51.44.050 Catastrophe injury account. There shall be a special account within the accident fund to be known as the “catastrophe injury account” which shall be used only for the purpose of defraying charges against it as provided in RCW 51.16.130. [ 1961 c 23 § 51.44.050. Prior: 1959 c 308 § 6; 1957 c […]
RCW 51.44.060 Charge to accident fund for the catastrophe injury account. The charge to the accident fund to defray charges against the catastrophe injury account shall be made pursuant to rules and regulations promulgated by the director. [ 1972 ex.s. c 43 § 28; 1961 c 23 § 51.44.060. Prior: 1959 c 308 § 7; […]
RCW 51.44.070 Transfer from accident fund and/or appropriate accounts to reserve fund—Annuity values. For every case resulting in death or permanent total disability the department shall transfer on its books from the accident fund of the proper class and/or appropriate account to the “reserve fund” a sum of money for that case equal to the […]
RCW 51.44.073 Transfer from self-insurer into the reserve fund—Annuity values—Alternative—Penalty for delay or refusal to reimburse. (1) For every case resulting in death or permanent total disability, a self-insurer in these circumstances shall pay into the reserve fund a sum of money for that case equal to the estimated present cash value of the monthly […]
RCW 51.44.080 Reserve fund—Transfers from state fund—Surplus—Deficiency. The department shall notify the state treasurer from time to time, of such transfers as a whole from the state fund to the reserve fund and the interest or other earnings of the reserve fund shall become a part of the reserve fund itself. As soon as possible […]
RCW 51.44.090 Reserve fund record and maintenance by state treasurer. The state treasurer shall keep accurate accounts of the reserve fund and the investment and earnings thereof, to the end that the total reserve fund shall at all times, as nearly as may be, be properly and fully invested and, to meet current demands for […]
RCW 51.44.100 Investment of accident, medical aid, reserve, industrial insurance rainy day, supplemental pension funds. Whenever, in the judgment of the state investment board, there shall be in the accident fund, medical aid fund, reserve fund, industrial insurance rainy day fund, or the supplemental pension fund, funds in excess of that amount deemed by the […]
RCW 51.44.110 Disbursements of funds. Disbursement out of the several funds shall be made only upon warrants or payments drawn by the department. The state treasurer shall pay every warrant or payment out of the fund upon which it is drawn. If, at any time, there shall not be sufficient money in the fund on […]
RCW 51.44.115 Financial statements and information—Annual audit and report. (1) The department shall: (a) Prepare financial statements on the state fund in accordance with generally accepted accounting principles, including but not limited to financial statements on the accident fund, the medical aid fund, the supplemental pension fund, and the second injury fund. Statements must be […]
RCW 51.44.120 Liability of state treasurer. The state treasurer shall be liable on his or her official bond for the safe custody of the moneys and securities of the several funds, but all of the provisions of law relating to state depositaries and to the deposit of state moneys therein shall apply to the several […]
RCW 51.44.140 Self-insurer deposits into reserve fund—Accounts within fund—Surpluses and deficits. Each self-insurer shall make such deposits, into the reserve fund, as the department shall require pursuant to RCW 51.44.073, as are necessary to guarantee the payments of the pensions established pursuant to RCW 51.32.050 and 51.32.060. Each self-insurer shall have an account within the […]
RCW 51.44.142 Self-insured employer overpayment reimbursement fund. The self-insured employer overpayment reimbursement fund is created in the custody of the state treasurer. Expenditures from the account may be used only for reimbursing the reserve fund and self-insured employers for benefits overpaid during the pendency of board or court appeals in which the self-insured employer prevails […]
RCW 51.44.145 Self-insured insurer program—Administrative costs. Moneys used for administrative costs for one-time projects requested by self-insured employers and that will support the self-insured employer program is subject to the allotment of all expenditures pursuant to chapter 43.88 RCW. However, an appropriation is not required for expenditures. Administrative costs include, but are not limited to, […]
RCW 51.44.150 Assessments upon self-insurers for administration costs. The director shall impose and collect assessments each fiscal year upon all self-insurers in the amount of the estimated costs of administering their portion of this title during such fiscal year. These assessments shall also include the assessments for the ombuds’s office provided for in RCW 51.14.390. […]
