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Frank Neuhauser Aug 17, 2018 a 2:08 pm PDT
Wow! Where to start?
1. DIR is funded through employer assessments and does not affect the General Fund. It can even, and does, carry forward surpluses & deficits for next year’s assessment calculation.
2. $400,000/year to calculate pro rated RTW Supplement payments? This is about the simplest calculation ever. UC Berkeley could do this for $2,000/year. Or someone at DIR could do it in 1/2 day twice per year. I’d even do it for free in year one.
3. Fraud Assessment Commission distributing more money? Two decades and $1 billion in employer money and they seem to have missed all the major fraud. Money very poorly spent. Let the employers keep their money.