Fund 533 - Self-Insurers' Insolvency Trust
Inactive Account 11/01/2006
Department of Labor and Industries - 2350
2 - Treasury Trust Fund
SAAM Budget Type:
Earnings from Investments are:
Credited to the general fund under RCW 43.79A.040(4)(a).
To provide for the unsecured benefits paid to injured workers of self-insured employees for insolvent or defaulting self-insured employers and for L&I associated administrative costs. Funding is by an insolvency assessment levied on a post-insolvency basis.
Sources of Revenue:
Taxes, Charges and Miscellaneous Revenue
Self-Insurers' Insolvency Trust
FA - Enterprise Funds
FB - Workers' Compensation Fund
Closing GL Code: