New York Workers' Compensation Law Article 6-A - Workers' Compensation Security Fund

• 106 - Consolidation of Funds; Definitions.
  On and after March first, nineteen hundred ninety, the stock workers' compensation security fund and the mutual workers' compensation security fund heretofore created are hereby...
• 107 - Workers' Compensation Security Fund.
  The purpose of the fund is to assure to persons and funds entitled thereto the compensation and benefits provided by this chapter for employments insured...
• 108 - Payments Into Fund; Returns; Recoupment.
  1. On or before the fifteenth day of February, May, August and November, of each year, every carrier shall file, quarterly, with the superintendent of...
• 109 - Suspension of Payments Into Fund; Temporary Surcharge Authorized.
  1. When as of the end of any quarterly period the amount of assets in the fund, as determined by the superintendent of financial services,...
• 109-a - Administration of Fund.
  The superintendent of financial services may adopt, amend and enforce all reasonable rules and regulations necessary for the proper administration of said fund. In the...
• 109-b - Custody and Investment of Fund.
  1. The fund created by this article shall be separate and apart from any other fund so created and from all other state moneys, and...
• 109-c - Payments From Fund.
  1. The final award for compensation or death benefits, or installments thereof, or of payment of benefits into the special funds created under the provisions...
• 109-d - Notification of Insolvency.
  Duties of chairman. Forthwith upon any carrier becoming an insolvent carrier, the superintendent of financial services shall so notify the chairman, who shall immediately advise...
• 109-e - Rights and Duties of Superintendent of Financial Services As Administrator of the Fund.
  The superintendent of financial services may designate or appoint a duly authorized representative or representatives to appear and defend an insured against a liability claim...
• 109-f - Expenses of Administration.
  The expense of administering the fund shall be paid out of the fund. Prior to the first days of January, April, July and October there...

Last modified: February 3, 2019