Ypsilanti |
Code of Ordinances |
Chapter 2. ADMINISTRATION |
Article V. FINANCE |
Division 2. FUNDS |
SubDivision IV. Worker's Compensation Fund |
§ 2-253. Purpose.
Latest version.
The purpose of the worker's compensation fund is to provide a separate fund to finance and account for worker's compensation benefits costs and expenses for the city. The worker's compensation fund is expected to grow each year until a sufficient amount has been accumulated in the fund to finance worker's compensation benefits, expenses, fees, and costs from earnings of the fund.
(Ord. No. 842, § 1.244(1)(a), 7-2-1996)