The Workers' Compensation Board of Indiana announced that it will use the same formulas for the 2027 Second Injury Fund assessment as it used for the 2026 assessment.
The board said an assessment is necessary because the fund's balance before Nov. 1 was less than 135% of the previous year's payments, as required by state law.
As of Friday, the fund had paid about $6.9 million in benefits, leaving a remaining balance of about $3.9 million.
Total payments for 2025 were about $7.8 million.
The board has not yet released the amount of the 2027 assessment or the individual assessmen...
Comments