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36-237-Resolution No. 80-213 Recorded 10/10/1980V& 3ME .17 BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUWY� OREGON r c A Resolution Establishing a Policy ) C D Relating to the Allocation of ) Workers' Compensation Insurance ) QCT Z 0 1380 Premium Refunds ) Ae RY A477rps RESOLUTION NO. 80-213-CouNiY O WHEREAS, Deschutes County, Oregon, provides its employes coverage for job-related injuries and sicknesses through the pur- chase of Workers' Compensation Insurance; and WHEREAS, an aggregate insurance premium is paid to a Workers' Compensation insurer to cover all County employes; and WHEREAS, dividends are periodically remitted to the County when the claims experience of the County has been good; and WHEREAS, it is in the best interest of the County to account for such refunds in relation to the claims cost of each department or fund; now, therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, as follows: Section 1. That any dividend or return of premium under any Workers Compensation Insurance coverage contracted for by Deschutes County, Oregon, shall be apportioned to each department or fund in proportion to the remainder of the amount paid for Workers' Compensation Insurance premiums on behalf of the department or fund less claims costs of the department or fund for the period of the dividend or return of premium. Section 2. This policy shall be effective for any and all dividends and refunds of premium received on or after July 1, 1980. DATED this �,, day of 1980. ATTEST: TAMMY C RDSON Record g Secretary RESOLUTION NO. 80-213, PAGE 1 BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON