Great news for members of the SEG Self-Insurer Workers’ Compensation Fund! The Fund’s Board of Directors recently announced that it will return $8 million in accumulated assets in the form of premium reduction to members, as approved by the Michigan Workers’ Compensation Agency. In accordance with the Fund’s bylaws, one-fourth of a member district’s share of the premium reduction will be credited to each of its quarterly invoices.

This is the 28th consecutive year the Fund has returned dividends, surplus or accumulated assets to members. With this distribution, the Fund will have returned $176 million to members since its inception! This return provides an excellent savings opportunity for our members who can use the extra funds to support educational programs.

Other benefits enjoyed by our 475 Fund members include:

• Prompt service from the experienced claim staff at the Fund’s third-party claims administrator Cannon Cochran Management Services, Inc.;
• Free on-site, risk-management consultations;
• Free safety videos from our video lending library;
• Access to real-time claim information;
• Online claim filing via a secure Web interface;
• Free access to Web-based tutorials to assist staff with filing claims, accessing claim reports and creating MIOSHA and MPSERS reports; and
• The expertise of our committed Fund Administrator, Risk Management Consultants and dedicated support staff.

Visit us at www.setseg.org