Oregon Statutes 656.605 – Workers Benefit Fund; uses and limitations
(1) The Workers’ Benefit Fund is created in the State Treasury, separate and distinct from the General Fund. Moneys in the fund shall be invested in the same manner as other state moneys and investment earnings shall be credited to the fund. The fund shall consist of the following:
Terms Used In Oregon Statutes 656.605
- State Treasury: includes those financial assets the lawful custody of which are vested in the State Treasurer and the office of the State Treasurer relating to the custody of those financial assets. See Oregon Statutes 174.100
(a) Moneys received pursuant to ORS § 656.506.
(b) Moneys recovered under ORS § 656.054.
(c) Penalties recovered under ORS § 656.735.
(d) All moneys received by the Director of the Department of Consumer and Business Services pursuant to law or from any other source for purposes for which the fund may be expended.
(2) Moneys in the Workers’ Benefit Fund may be expended for the following purposes:
(a) Expenses of programs under ORS § 656.445, 656.506, 656.622, 656.625, 656.628 and 656.630.
(b) Proceedings against noncomplying employers pursuant to ORS § 656.054 and 656.735.
(c) Expenses of vocational assistance on claims, the cost of which was imposed pursuant to section 15, chapter 600, Oregon Laws 1985.
(d) Payment of supplemental temporary disability benefits for workers employed in more than one job at the time of injury and reimbursement of the costs of administering payments resulting from elections by insurers and self-insured employers as provided by ORS § 656.210 (5).
(e) Payments made to injured workers pursuant to section 6a, chapter 865, Oregon Laws 2001.
(f) Expenses of the Bureau of Labor and Industries for enforcing ORS § 659A.040, 659A.043, 659A.046, 659A.049 and 659A.052, subject to an agreement between the Director of the Department of Consumer and Business Services and the Commissioner of the Bureau of Labor and Industries. The agreement must include, but is not limited to, the amount of funds to be transferred to the bureau for enforcing ORS § 659A.040, 659A.043, 659A.046, 659A.049 and 659A.052 and the information relating to the enforcement of ORS § 659A.040, 659A.043, 659A.046, 659A.049 and 659A.052 that the bureau must report to the director.
(g) Reimbursement to the insurer or self-insured employer for the amount of permanent total disability benefits paid after the date of the notice of closure that was upheld pursuant to ORS § 656.206.
(h) Reimbursement of vocational benefit expenses as provided in ORS § 656.313.
(3) Subject to the following provisions, all moneys in the fund are appropriated continuously to the Director of the Department of Consumer and Business Services to carry out the activities for which the fund may be expended:
(a) Moneys received pursuant to ORS § 656.054 and 656.735 and transfers made pursuant to ORS § 705.148 may be expended only to carry out the provisions of ORS § 656.054 and 656.735 and section 15, chapter 600, Oregon Laws 1985.
(b) Moneys received pursuant to ORS § 656.506 and the transfers of unexpended and unobligated moneys in the Retroactive Reserve, Reemployment Assistance Reserve, Reopened Claims Reserve and Handicapped Workers Reserve referred to in ORS § 656.506, 656.622, 656.625 and 656.628 (All 1993 Edition) may be expended only to carry out the programs referred to in ORS § 656.506, 656.622, 656.625, 656.628 and 656.630.
(4) Notwithstanding any other provision of this chapter, if the director determines at any time that there are insufficient moneys in the Workers’ Benefit Fund to pay the expenses of programs for which expenditure of the fund is authorized, the director may reduce the level of benefits payable accordingly. [1995 c.641 § 15; 1999 c.273 § 3; 2001 c.865 § 5; 2001 c.974 § 8; 2002 s.s.2 c.4 § 4; 2005 c.461 § 5; 2005 c.588 § 5; 2011 c.597 § 267]