N.Y. Workers' Compensation Law Section 214
Special fund for disability benefits


There is hereby created a fund which shall be known as the special fund for disability benefits to provide for the payment of disability benefits under sections two hundred seven, two hundred thirteen and attendance fees under § 232 (Fees for testimony of physicians, podiatrists, chiropractors, dentists, psychologists and health care providers)section two hundred thirty-two of this article.

1.

As promptly as practicable after April first, in each year, the chairman shall ascertain the condition of the fund, and if as of any such date the net assets of the fund shall be one million dollars or more below the sum of twelve million dollars, the chairman shall assess and collect an amount sufficient to restore the fund to an amount equal to twelve million dollars.. Such assessment shall be included in the assessment rate established pursuant to subdivision two of § 151 (Assessments for annual expenses)section one hundred fifty-one of this chapter. Such assessments shall be deposited with the commissioner of taxation and finance and transferred to the benefit of such fund upon payment of debt service, if any, pursuant to § 151 (Assessments for annual expenses)section one hundred fifty-one of this chapter.

2.

Whenever the net assets of the fund shall be less than three million dollars and the disability claims currently being paid shall indicate the necessity of supplementing the assets of the fund the chairman may transfer from monies collected pursuant to subdivision two of § 151 (Assessments for annual expenses)section one hundred fifty-one of this chapter an amount sufficient in the discretion of the chairman for the needs of the fund, but not in excess of an amount sufficient to restore the fund to twelve million dollars.

3.

All contributions and assessments received by the chairman under the provisions of this section shall be credited to the fund herein established and deposited by the chairman to the credit of the commissioner of taxation and finance for the benefit of the fund. The superintendent of financial services may examine into the condition of the fund at any time on his own initiative or upon the request of the chairman.

Source: Section 214 — Special fund for disability benefits, https://www.­nysenate.­gov/legislation/laws/WKC/214 (updated Sep. 22, 2014; accessed Apr. 20, 2024).

200
Short title
201
Definitions
202
Covered employer
203
Employees eligible for benefits under section two hundred four of this article
203‑A
Retaliatory action prohibited for family leave
203‑B
Reinstatement following family leave
203‑C
Health insurance during family leave
204
Disability and family leave during employment
205
Disabilities, family leave and periods for which benefits are not payable
206
Non-duplication of benefits
207
Disability while unemployed
208
Payment of disability and family leave benefits
209
Contribution of employees for disability and family leave benefits
210
Employer contributions
211
Provision for payment of benefits
212
Voluntary coverage
212‑A
Notwithstanding the definition of “employer” and “employment” set forth in section two hundred one of this article and the requirement fo...
212‑B
Public employees
213
Non-compliance or default
214
Special fund for disability benefits
215
Commissioner of taxation and finance custodian of fund
216
Disposition of uncommitted balance of employees’ contributions
217
Notice and proof of claim
218
Disability benefit rights inalienable
219
Enforcement of payment in default
220
Penalties
221
Determination of contested claims for disability and family leave benefits
222
Technical rules of evidence or procedure not required
223
Modification of board decisions or orders
224
Appeals
225
Fees for representing employees
226
The insurance contract
227
Actionable injuries in claims for disability benefits
228
Administrative expenses
229
Posting of notice and providing of notice of rights
230
Destruction of records
231
Subpoenas
232
Fees for testimony of physicians, podiatrists, chiropractors, dentists, psychologists and health care providers
233
Inspection of records of employers
234
Disclosures prohibited
235
Exemptions
236
Disposition of accrued benefits upon death
237
Reimbursement for advance payments by employers
238
Payments to minors
239
Representation before the board
240
Non-liability of state
241
Application of other provisions of chapter
242
Separability of provisions

Accessed:
Apr. 20, 2024

Last modified:
Sep. 22, 2014

§ 214’s source at nysenate​.gov

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