Louisiana Restaurant Association Self Insurer’s Fund for Workers’ Compensation announced yesterday that they will distribute a $2.2 million dividend to eligible policyholders in April 2015. The dividend marks the 27th consecutive year the LRA SIF has declared a surplus in unused premium and interest income that will be returned to members. The surplus will include eligible participants from the fund years 2009, 2010, 2011 and 2012. Including this dividend, the LRA SIF will have returned nearly $104 million in surplus and safety dividends to eligible members since 1988.
Read the full release from The New Orleans Advocate here.