Notification of rulemaking adoption regarding Self-Insurance Reserve Fund
Dear Business owner or Stakeholder:
The Washington State Department of Labor & Industries (L&I) recently adopted amendments to the rules pertaining to the implementation of the Self-Insurance Reserve Fund.
The fund was created in 2023 with approval of Senate Bill (SB) 5084. The fund, along with its implementing rules and regulations, will take effect on July 1, 2025.
The adopted rules will:
- Clarify that cash funding for surety bonds will be deposited into the new self-insurance reserve fund.
- Make minor formatting changes to improve clarity and readability.
- Clarify that self-insured employers’ second injury fund assessments will be recorded in the second injury assessment account once the self-insurance pension fund is implemented.
Amended sections
Washington Administrative Code (WAC) 296-15-171: Surety for a self-insured pension or fatality claim
WAC 296-15-225: Self-insurance second injury fund assessment
The rulemaking proposal was filed on January 2, 2025. L&I filed the documents for adoption on May 6, 2025, and the effective date is July 1, 2025.
You can review the adopted amendments at Self-Insurance Reserve Fund.
For questions about the fund or this message, please contact Ashley Frank with the Office of Strategy and Performance at:
Mail: Ashley Frank Department of Labor & Industries P.O. Box 44000 Olympia, WA 98504-4000 Email: Ashley.Frank@Lni.wa.gov Fax: 360-902-4204
Sincerely,
Randi Warick Deputy Director / Executive CFO Washington State Department of Labor & Industries
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