Second Injury Fund Holding Its Own

The Texas Workers' Compensation Subsequent Injury Fund appears to be in better financial shape than similar funds in some other states, and it currently has about $4 million more in revenue than expenses, according to a report. That balance sheet could change slightly by the year 2025 as expenses outpace revenue, but the shortfall will be less than 1%, according to the actuarial analysis by Georgia-based Madison Consulting Group. “If current trends persist, the SIF will eventually encounter an actuarial funding shortfall,” the report notes. “However, this is not li...