News you can use

Health of state fund questioned

HELENA (AP) - Officials overseeing the state workers' compensation program responsible for paying the oldest claims for on-the-job injuries say it may be headed for serious financial trouble.

Officials running the ''old fund,'' as it is known, said it could run out of money because the Legislature took away $22 million to balance the state budget.

Others disputed that claim.

Laurence Hubbard, president and chief executive officer for the Montana State Fund, acknowledged today the concerns he has for the financial health of the fund are no different than those expressed to lawmakers nine months...

 

Reader Comments(0)