Or. Admin. Code § 436-150-0020

Current through Register Vol. 63, No. 12, December 1, 2024

Section 436-150-0020 - Limitation of Program

(1) Payment of compensation shall be limited to the amount of securities on deposit for the insurer pursuant to ORS 731.628 and only to the extent the monies are available in the Workers' Benefit Fund.

(2) Payments for individual claims shall be limited to compensation that becomes due and payable during the period of default.

(3) Notwithstanding any other provision of these rules, the director may, in the director's discretion, authorize additional benefits for specific claims in cases of extreme hardship.

(4) In the event of insufficient funds in the Workers' Benefit Fund, the director shall have final authority to determine an equitable distribution, which will proportionately distribute the available funds among the claims having qualified for reimbursement under the Program.

Or. Admin. Code § 436-150-0020

WCD 12-2001, f. 12-7-01, cert. ef. 1-1-02; WCD 8-2021, minor correction filed 04/07/2021, effective 4/7/2021

Statutory/Other Authority: ORS 656.445 & 656.726(4)

Statutes/Other Implemented: ORS 656.445