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Fund 533

Fund Reference Manual

533-Self-Insurers' Insolvency Trust

Inactive Account 11/01/2006
Account Code:
533
Account Title:
Self-Insurers' Insolvency Trust
Admin Agency:
Department of Labor and Industries - 2350
Fund Type:
FA - Enterprise Funds
Rollup Fund:
FB - Workers' Compensation Fund
Cash Type:
2 - Treasury Trust Fund
SAAM Budget Type:
Interest Earning Authority:
N/A
Authority:
Closing GL Code:
Description:
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
Clientele:
General public
Effective Date:
Tue, 07/01/1986
Inactive Date:
Wed, 11/01/2006
Public Notes: