Compensation Fund Investment Policy
Effective Dates
September 25, 2000 - August 30, 2007
Policy Code
FN-16
Purpose
The Compensation Fund Investment Policy (Policy) applies to the assets held in trust with respect to the liabilities of the Workers' Compensation Act (Act). The purpose of the Policy is to formalize the investment principles and guidelines which are appropriate to the needs and objectives of the Compensation Fund (Fund). The Policy establishes risk and return parameters, governance structure and monitoring procedures. Any Investment Manager or other agent or advisor providing services in connection with the investments of the Fund shall accept and adhere to the Policy. This Policy may be changed or modified at any time by the action of the Workers' Compensation Health & Safety Board (Board). This would result in a recommendation to Cabinet pursuant to Sec. 47 of the Act. Any such change shall be promptly communicated to the Investment Manager(s) appointed by the Board.