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Self-Insurers' Security Fund

The Self-Insurers’ Security Fund is a financial safety net established to protect workers’ benefits if a large employer that self-insures their workers’ compensation obligations becomes insolvent or unable to pay claims. It ensures that injured workers still receive compensation, even if their employer cannot fulfill its obligations. Funded by contributions from self-insuring employers, it acts as a safeguard, maintaining confidence in the workers’ compensation system by providing assurance that benefits will be available regardless of an individual employer’s financial stability.