The Board of Trustees approved a $2 million dollar dividend distribution at it’s March 12 board meeting. Out of the $2 million, $1 million dollars will be issued as a refund check and the other $1 million will be used as a premium credit for the 2018-19 coverage year. Board Chair Doug Robidoux had this to say about the distribution, “Our members and our risk control staff have worked hard at reducing high frequency injuries over the last 5 years. We are excited that we can return the unused premium back to our members. This is one of the many benefits of being part of a group fund.”
The dividend distribution plan is subject to the approval of the Workers’ Compensation Agency.