It is common knowledge that Missouri's Second Injury Fund is broke, but the latest audit shows that the Fund owes over $28 Million to injured workers who already won their cases. State Auditor Tom Schweich said that in order to fix the problem, a 7% surcharge would have to be placed on all employers' workers' compensation premiums for one year, and then lowered to 5% in subsequent years, and that should solve the current situation. There are bills pending in the legislature that are aimed to help fix the Fund. Hopefully, this year, the legislature will make fixing the Fund a priority.
Latest Audit Shows Missouri Second Injury Fund Owes over $28 Million to Injured Workers
Comments are closed.