SB 357: AN ACT relating to self-insurance guaranty funds.

Summary

Amend KRS 342.908, relating to self-insurance guaranty funds, to define terms; require the amount of the annual special fund assessment imposed upon a member to be retained by the member fund and paid to the credit of the group fund for the purpose of satisfying the group fund's outstanding workers' compensation claims for calendar years beginning January 1, 2027, and January 1, 2028; require the member fund to pay the amounts of its annual special fund assessment to the group fund on the schedule set forth in KRS 342.122(a) and (b) and require notice of the assessments paid to the Division of Workers' Compensation Funds; make technical changes.

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Mar 10, 2026

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