To remove concerns about compounded injuries if another accident occurs so employers can look at a job applicant who has filed a Workers' Comp claim on a more level playing field with another applicant who's never had a work-related injury.
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.
Yes, employers are required to complete and submit the L&I Second Injury Fund Qualifying questionnaire for each new and existing employee with a pre-existing disability. This allows the employer to potentially qualify for reimbursement from the Second Injury Fund.
A sinking fund has a very important purpose. The purpose of a sinking fund is to reduce the amount of debt by repaying or purchasing outstanding loan amounts.
The definition of the word fund is a sum of money made available for a specific purpose. That would be a noun. Using fund as a verb is defined as to provide money for a particular purpose.
Mutual fund is a low risk investment. If you invest in a mutual fund, you owns shares of the mutual fund company who is selling you fund. But you do not actually own any underlying asset of the stocks or securities that mutual fund has invested in even they are using your money to invest.
The purpose of the Donor-Advised Fund was to manage charitable donations on behalf of an individual, family, or business organization. It was created as an alternative to a private foundation.
Depends on the purpose of the letter
The purpose of a Fidelity money market fund is to generate revenue. The funds in a Fidelity money market fund are not guaranteed or insured. It is a type of fund that is very liquid, money is usually available by the next day.
The purpose of fund prices is to inform the buyer and seller the actual price. The prices usually change often within the same day, like on the stock market.
To promote economic development
The second column
Index fund is a investment scheme that provides the movement of a specific financial market. You can track your index by paying a certain fee. Index fund is available in TSX.