Rand Estimates Liabilities of $7.9B for SIBTF

State: California
Topic: Top
- Popular with: Legal
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Rand Corp. in a report posted to the California Division of Workers’ Compensation website esti…

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4 Comments

Close Do not post libelous remarks. You are solely responsible for the postings you input. By posting here you agree to hold harmless and indemnify WorkCompCentral for any damages and actions your post may cause.

Tom Martin Aug 7, 2024 a 7:34 am PDT

Has the stench of another worker take away all over it.

Stephen Dial Aug 7, 2024 a 12:21 pm PDT

"Additionally, Social Security benefits for nonoccupational injuries were not available when most second injury funds started"... That may be true but omitted is the fact that SIF takes deductions for SSDI benefits from the applicant's SIF settlement.

Scott Silberman Aug 8, 2024 a 6:13 am PDT

This article mentions that while $975 million were paid by SIBTF during the 12 year period, and only $631 Million were paid in benefits while $345 million were paid in non benefits. 37% being paid in non benefits seems to be very high, however the study does not seem to comment on this or how it can be controlled. This seems to be quite high for non benefit payments.