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Current as of January 02, 2024 | Updated by Findlaw Staff
The board shall annually report to the general assembly, governor, and the director of the division of state audit the operations of the fund up to that date. The report shall include, but not be limited to:
(1) The volume of premiums insured through the state fund and its share of the state workers' compensation insurance market;
(2) The percent division of premium dollars among various types of benefit payments and administrative costs for policies and claims under the state fund;
(3) The average rate of return enjoyed by the state fund on its invested assets;
(4) Recommendations concerning desirable changes in the state fund to promote its prompt and efficient administration of policies and claims;
(5) A recommendation to the general assembly and governor regarding the continued operation of the fund;
(6) A full report concerning reserve practices including any actuarial analysis of the funds reserved; and
(7) Any other information the director deems appropriate.
Cite this article: FindLaw.com - Tennessee Code Title 50. Employer and Employee § 50-6-620 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-50-employer-and-employee/tn-code-sect-50-6-620/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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