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What is a special compensation fund?

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Anonymous

13y ago
Updated: 9/17/2019

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What is the State Compensation Insurance Fund?

The State Compensation Insuranse Fund, or State Fund, is the biggest provider of insurance in California. Its purpose is to serve businesses in California as effeciently and as fairly priced as possible.


What was an insurance fund financed by employers?

Workers' Compensation was an insurance fund financed by employers.


Is a workmen compensation fund a statutory fund?

Yes, a workers' compensation fund is typically considered a statutory fund, as it is established and governed by laws enacted by the government. These laws mandate employers to provide financial compensation to employees who suffer work-related injuries or illnesses. The fund ensures that injured workers receive necessary medical care and wage replacement, and its structure and operation are regulated to ensure compliance and protect workers' rights.


What is the symbol for Special Opportunities Fund Inc in the NYSE?

The symbol for Special Opportunities Fund Inc. in the NYSE is: SPE.


Is North Dakota a monopolistic state?

No, for Worker's Compensation, South Dakota is an NCCI state.Employers must meet their Workers Compensation obligations by purchasing insurance from a private insurance company, or be authorized to self-insure.


What is second injury fund?

A second injury fund is a fund set aside by insurance companies to reimburse employers. The fund reimburses the company for any compensation payments made by the company themselves while an employee was injured.


Special situation fund?

A special situation fund is a fund set aside for an event that may have an impact on the stock of a company. Some of these special situations include spin-offs, share repurchases or asset sales.


How much compensation did the families of the victims of the twin towers on 911 received?

Families of the victims of the September 11 attacks received compensation through the September 11th Victim Compensation Fund (VCF). The fund, established in late 2001, distributed over $7 billion to approximately 5,500 claims by the time it closed in 2004. Compensation amounts varied based on factors like the victim's income and family situation, with many families receiving several million dollars, though some received less. In 2011, the fund was reopened to address additional claims, providing further compensation to those affected.


What is the market cap for Special Opportunities Fund Inc SPE?

As of July 2014, the market cap for Special Opportunities Fund Inc. (SPE) is $131,535,751.20.


If you have a workers compensation case but your uninsured employer has filed for bankruptcy what should you do?

In California and other states, a portion of worker's comp premiums paid by employers go into the Uninsured Employer's Fund. This fund pays for treatment and compensation of injury victims when the employer is illegally uninsured. Check with your state's labor department or worker's comp board to see if such a fund exists in your state.


What is fund razor?

A special event to raise money.


What fund would a township report depreciation a. General fund b. Special Revenue c. Capital Projects d.Internal Service?

general fund