Louisiana Revised Statutes Tit. 39, § 1533. Self-Insurance Fund

A. (1) There is hereby created in the Department of the Treasury a special fund to be known as the “Self-Insurance Fund”. The fund shall consist of all premiums paid by state agencies under the state's risk management program as established by this Chapter, the investment income earned from such premiums, and commissions retained in accordance with the provisions of this Title. This fund shall be used only for the payment of losses incurred by state agencies under the self-insurance program, premiums for insurance obtained through commercial carriers, administrative expenses associated with the management of the state's risk, law enforcement officers and firemen's survivors benefits as provided for in R.S. 40:1665(C) and 1665.2(C), law enforcement officers and firemen's disability benefits as provided for in R.S. 40:1668, the payment of losses incurred by the Jefferson Parish Human Services Authority in accordance with R.S. 28:831(J) 1, the payment of losses incurred by the Capital Area Human Services District in accordance with R.S. 28:906¹, the payment of losses incurred by the Florida Parishes Human Services Authority in accordance with R.S. 28:856¹, the payment of losses incurred by the Metropolitan Human Services District in accordance with R.S. 28:866¹, the payment of losses incurred by the Northeast Delta Human Services Authority in accordance with R.S. 28:896¹, the payment of losses incurred by the South Central Louisiana Human Services Authority in accordance with R.S. 28:876¹, and the funding of the legal services, such funds to be administered by the commissioner of administration.

(2) Payments for law enforcement officers and firemen survivor and disability benefits as provided for in R.S. 40:1665(C), 1665.2(C), and 1668 shall be made by the office of risk management on behalf of the Law Enforcement Officers and Firemen's Survivor Benefit Review Board as a result of a specific appropriation received for that purpose.