Fund 596 - Self-Insurance Reserve Fund
Authority:
RCW 51.44.155
Admin Agency:
Department of Labor and Industries - 2350
Cash Type:
1 - Treasury Fund
SAAM Budget Type:
Nonappropriated/Nonallotted (N)
Earnings from Investments are:
See Public Notes section below
Description:
To be used to pay pensions/benefits to injured workers with permanent total disability employed by self-insured employers or to beneficiaries of said inured workers; transfers; and refunds.
Sources of Revenue:
Charges, assessments, and miscellaneous revenue; transfers; penalties; deposits; reimbursements; interest earnings
Clientele:
Permanently, totally disabled workers employed by self-insured employers; Survivors of deceased injured workers employed by self-insured employers.
Effective Date:
07/01/2025
Inactive Date:
Public Notes:
Interest or other earnings are retained by this fund, per RCW 51.44.080.
ACFR Information
Account Code:
596
Account Title:
Self-Insurance Reserve Fund
Fund Type:
FA - Enterprise Funds
Rollup Fund:
FB - Workers' Compensation Fund
Closing GL Code:
9400 - Accumulated Earnings(Loss)
