Bill Would Preserve Authority for SIF Surcharge

The Missouri Division of Workers’ Compensation would be able to assess employers and insurers a special surcharge to support the state’s Second Injury Fund through 2028, under recently introduced legislation. Rep. Terry Thompson, R-Lexington, on Wednesday introduced HB 1017, which would amend a provision sunsetting the SIF surcharge authorization at the end of the year and extend it through the end of 2028. The bill would also declare the supplemental surcharge shall not exceed 2.5%, down from 3%. And it would allow the DWC to adjust the assessment by a quarter of a percentag...