C.R.S.
Section 24-30-1510.7
Workers’ compensation for state employees
(1)
Intentionally left blank —Ed.(a)
There is hereby created, as a separate account in the risk management fund, the state employee workers’ compensation account, which consists of all moneys that may be appropriated thereto by the general assembly and that may be otherwise made available to it by the general assembly for the purpose of establishing a workers’ compensation self-insurance program for state employees or for the procurement of commercial workers’ compensation insurance in accordance with subsection (2) of this section. Moneys “otherwise made available” include transfers of moneys to the account authorized in the general appropriation act. The moneys in the account are continuously appropriated for the purposes of the state employee workers’ compensation account other than the direct and indirect administrative costs of operating the risk management system, including legal services, litigation expenses, and third-party administrator expenses. The general assembly shall make annual appropriations from the account for the direct and indirect administrative costs of operating the risk management system, including legal services, litigation expenses, and third-party administrator expenses, that are attributable to the operation of the state employee workers’ compensation account. At the end of any fiscal year, all unexpended and unencumbered moneys in the account must remain in the account and may not be credited or transferred to the general fund or any other fund. All interest earned from the investment of moneys in the account pursuant to this section must be credited to and become part of the account.(a)
To pay workers’ compensation benefits to state employees in accordance with articles 40 to 47 of title 8, C.R.S., and to pay the administrative costs of operating the department of personnel in relation to the workers’ compensation self-insurance program for state employees;(b)
To pay the premium for commercial workers’ compensation insurance, if the state elects not to be self-insured for workers’ compensation purposes.(3)
Prior to July 1, 1990, nothing in this section shall apply to the department of institutions; but this section shall apply to the department of human services beginning on July 1, 1990.(4)
Amounts which are recorded in the state employee workers’ compensation account as claims, including reserves, but which are not required to be paid in the current fiscal year shall not be considered as expenditures in excess of the amount authorized by an item of appropriation for purposes of section 24-75-109.(II)
In no event shall the department of personnel elect to self-insure for workers’ compensation claims prior to the beginning of a fiscal year in which the general assembly appropriates sufficient funds for such self-insurance.(b)
Intentionally left blank —Ed.(I)
Funding of the liability obligations assumed by the state from Pinnacol Assurance pursuant to paragraph (a) of this subsection (5) beyond a current fiscal year is contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available.(II)
Nothing in this paragraph (b) shall be construed to relieve the state of any liability obligation if the state elects to self-insure or insure through an entity other than Pinnacol Assurance pursuant to paragraph (a) of this subsection (5).(c)
Notwithstanding the provisions of section 8-44-201 (1), C.R.S., if the state elects to self-insure workers’ compensation claims as authorized in this section, the executive director of the department of labor and employment shall not prescribe or apply security requirements in granting or continuing permission for such state self-insurance program.
Source:
Section 24-30-1510.7 — Workers’ compensation for state employees, https://leg.colorado.gov/sites/default/files/images/olls/crs2023-title-24.pdf
(accessed Oct. 20, 2023).