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Code · South Carolina · Title 42 - WORKERS' COMPENSATION · CHAPTER 7 · Funds

§ 42-7-210. Transfers from general fund to State Accident Fund authorized.

156 words·~1 min read·/sc/title-42-workers-compensation/chapter-7/funds/42-7-210·

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§ 42-7-210. Transfers from general fund to State Accident Fund authorized.
Notwithstanding the amounts annually appropriated as Workers' Compensation Insurance to cover Workers' Compensation benefit claims paid to employees of the state government who are entitled under state law, the State Treasurer and the Comptroller General are hereby authorized and directed to pay from the general fund of the State to the State Accident Fund such funds as are necessary to cover actual benefit claims paid and expenses relating to the operations of the agency during the current fiscal year which exceed the amounts paid in for this purpose by the various agencies, departments, and institutions.
The State Accident Fund must certify quarterly to the State Fiscal Accountability Authority the state's liability for such benefit claims actually paid to claimants who are employees of the State of South Carolina and entitled under state law. The amount so certified must be remitted to the State Accident Fund.
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