N.Y. Workers' Compensation Law Section 77
Administration


The state insurance fund shall be administered by the commissioners of the state insurance fund, of whom there shall be ten. The commissioner of labor shall, in addition, be a commissioner of such fund by virtue of his or her office. The commissioners shall elect annually from the appointive members a chair and a vice-chair who shall act as chair in the absence of the chair. The commissioner of labor may designate a deputy commissioner to act in his or her place and stead as a commissioner of such fund. The commissioners shall be appointed by the governor, by and with the advice and consent of the senate. One commissioner shall be appointed by the governor upon recommendation by the New York State American Federation of Labor-Congress of Industrial Organizations, and one commissioner shall be appointed by the governor upon recommendation of the Business Council of the State of New York. They shall be policyholders insured in the state insurance fund. The commissioners shall be appointed for terms of three years each. They shall serve until their successors are appointed and have qualified. Vacancies shall be filled for the unexpired terms. Each commissioner shall before entering upon his or her duties, take and subscribe the constitutional oath of office which shall be filed in the office of the secretary of state.

Source: Section 77 — Administration, https://www.­nysenate.­gov/legislation/laws/WKC/77 (updated Sep. 22, 2014; accessed May 4, 2024).

76
Creation of state fund
77
Administration
78
Salaries and expenses
79
Meetings
80
Seal
81
Offices, lands, leaseholds and buildings
82
Powers and duties
83
Rules
84
General attorney
85
Commissioner of taxation and finance custodian of fund
86
Catastrophe surplus and reserves for workers’ compensation
86‑A
Catastrophe surplus and reserves for disability benefits
87
Investment of surplus or reserve
87‑A
Investment in obligations of the municipal assistance corporation for the city of New York
87‑B
Investments in obligations of the city of Yonkers
87‑BB
Investments in obligations of the city of Yonkers
87‑C
Investments in obligations of designated public benefit corporations
87‑D
Contractual obligations as evidence of indebtedness upon reimbursement of reserves
87‑E
Amortization of gains or losses
87‑F
Appropriations to the state insurance fund
87‑G
Advances to the urban development corporation
87‑H
Investments of the state insurance fund
87‑I
New York state insurance fund MWBE asset management and financial institution strategy
88
Administration expenses
88*2
Administration expenses
88‑A
Payments from special or administrative funds
88‑B
Coverage of employees in state-supported educational institutions
88‑C
Coverage of state employees
89
Rates for workers’ compensation
90
Dividends
91
Groups for accident prevention
92
Payment of premiums
93
Collection of premium in case of default
94
Withdrawal from fund
95
Record and audit of payrolls
96
Penalties for fraudulent practices
97
Inspections
98
Disclosures prohibited
99
Reports of state insurance fund
100
Insurance against liability to volunteer firefighters and ambulance workers

Accessed:
May 4, 2024

Last modified:
Sep. 22, 2014

§ 77’s source at nysenate​.gov

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