§ 125.10. Funding by public employers.

 (a)  A self-insured public employer shall establish a trust fund to provide a source of funds for the payment of benefits. The trust agreement shall be in a form prescribed by the Bureau. This section does not apply to the Commonwealth.

 (b)  For a public employer whose self-insurance status began or begins on or after October 14, 1995, the funding level of the trust fund established under subsection (a) shall be maintained at a level which is at least equal to the self-insurer’s outstanding liability.

 (c)  For a public employer whose self-insurance status began prior to October 14, 1995, the funding level of the trust fund established under subsection (a) shall be maintained at a level which is at least equal to the difference between the self-insurer’s outstanding liability as of a date determined by the Bureau following October 14, 1995, and its current outstanding liability or at a level which is greater than this amount as determined by the Bureau due to the financial condition or the workers’ compensation loss experience or funding history of the self-insurer.

Cross References

   This section cited in 34 Pa. Code §  125.6 (relating to decision on application).



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