LAUSD Makes Turnaround on Comp Costs

The Los Angeles Unified School District says it's making progress on reducing the unfunded workers' compensation liability by aggressively closing old claims and preventing new ones. An article in the Los Angeles Daily News last week questioned the district's resolve to address its unfunded liability in two employee-benefit areas: workers' compensation and retiree health benefits. The newspaper, a frequent critic of Los Angeles city government and the school district, indicated that LAUSD's workers' compensation costs were at $148 million three years ago and that $627 million would be needed ...