2.95.130 Workers’ compensation fund.
(1) The county shall maintain an account known as the “workers’ compensation fund.” Such account shall be funded and administered as follows:
(a) Contributions to the workers’ compensation fund shall be made by the various departments in accordance with a formula proposed by the risk manager, human resources director and finance director and approved by the county manager. Contributions will be computed annually by the finance director.
(b) The accumulated reserves in the workers’ compensation fund should be maintained at an actuarially sound level.
(c) Monthly contributions shall be made by the various departments to the fund.
(d) The treasurer shall invest, according to the established county policy, the principal sums appropriated to the workers’ compensation fund, and any interest earned thereon shall accrue to such fund.
(2) The following classes of expenditures may be made from the workers’ compensation fund:
(a) Amounts for payments for workers’ compensation claims involving injury to employees, officers, or interns (volunteers no longer covered by WC) if otherwise uncovered as established by the risk manager or human resources director;
(b) Premiums for excess insurance as may be placed for the county at the discretion of the county manager through the risk manager or human resources director;
(c) Costs and expenses related to the administration, loss prevention, exposure mitigation, investigation, adjustment and litigation of the program. (Sec. 13 of Ord. 1987-07-27; amended by Sec. 8 of Ord. 1991-11-30; amended by Sec. 10 of Ord. 2008-01-17; amended by Sec. 11 of Ord. 2025-10-09)