Yesterday the Primary Workers’ Compensation Committee declared an $8M dividend which will be payable to members as of 7/1/10. There is additional equity in the Program and the Committee’s desire is to return it to the members over a 5 year period. The funding position will continue to be evaluated each year but at this point, their plan is to distribute dividends as follows:
$7.5M at 7/1/11
$7.0M at 7/1/12
$6.5M at 7/1/13
$6.0M at 7/1/14
