State of Connecticut fund used to provide payment of workers' compensation benefits and/or other payments in certain workers' compensation cases. The Fund is provided by assessments on all Connecticut employers and is in the custody of the State Treasurer.
A special fund, technically known in New York as the Special Disability Fund, which assumes, in certain cases, part of the permanent disability liability resulting from injuries to previously handicapped workers. The fund, which is funded by assessments against carriers and self-insureds, was created to assure handicapped workers receive full workers' compensation benefits, while encouraging employers to hire physically handicapped persons by protecting them against disproportionate liability in the event of subsequent employment injury.
In workers' compensation, a program administered by the state to pay for the covered disabilities of injured workers with preexisting conditions. The agency is generally funded by assessments on private underwriters of workers' compensation insurance.
In workers compensation, a state fund that pays the increased benefits when a second work- related injury combined with a previous injury results in greater disability than would be caused by the second injury oniy.
An insurance fund set up to encourage employers to hire handicapped workers. When workers with pre-existing conditions suffer further work-related injuries or disease that results in a greater disability, the employer through the insurer is responsible for only part of the benefits. The Second Injury Fund is responsible for the rest. (WC law § 15, Sub. 8)
Special funds set up by each state to pay all or part of the compensation required when a partially disabled employee suffers a subsequent injury. Because the compound effect of two injuries can be greater than the effect of the same two injuries in isolation, employers might be reluctant to hire the handicapped if they had to bear the full burden for a second injury. Second injury funds relieve employers of some of this burden.
Act is a Fund established in Iowa to pay benefits to an injured worker who sustains the loss of use of a hand, arm, foot, leg, or eye and subsequently – due to a work injury – sustains a permanent loss of use of a second hand, arm, foot, leg, or eye. A qualifying injured worker is compensated by the Fund for lost earning capacity produced by the cumulative effect of the two, combined injuries.