Personnel
Workers' Compensation Benefits and Reserve
Actual FY 2024Actual FY 2025Revised FY 2026Recommended FY 2027Recommended FY 2028
SOURCE OF FUNDS
Restricted Funds
Balance Forward23,902,88526,773,99729,246,10026,446,20017,964,300
Current Receipts21,567,29821,727,87621,702,50016,000,00016,000,000
Non-Revenue Receipts(92,500)(95,000)(97,500)(100,000)(102,500)
Total Restricted Funds45,377,68448,406,87350,851,10042,346,20033,861,800
TOTAL SOURCE OF FUNDS45,377,68448,406,87350,851,10042,346,20033,861,800
EXPENDITURES BY CLASS
Personnel Costs18,536,94919,092,02224,321,40024,301,80024,319,000
Operating Expenses66,73768,72283,50080,10080,100
TOTAL EXPENDITURES18,603,68719,160,74424,404,90024,381,90024,399,100
EXPENDITURES BY FUND SOURCE
Restricted Funds18,603,68719,160,74424,404,90024,381,90024,399,100
TOTAL EXPENDITURES18,603,68719,160,74424,404,90024,381,90024,399,100
EXPENDITURES BY UNIT
Workers' Compensation Benefits and Reserve18,603,68719,160,74424,404,90024,381,90024,399,100
TOTAL EXPENDITURES18,603,68719,160,74424,404,90024,381,90024,399,100

Created in 1990, the Workers' Compensation Benefits and Reserve is state government's self-insured Workers' Compensation program. The program provides coverage to the executive, legislative, and judicial branches of government, but excludes the Transportation Cabinet and all state universities. The program also covers the Kentucky Community and Technical College System, volunteer firefighters, volunteer ambulance personnel, and employees of some county clerk's or sheriff's offices when the county's population is 70,000 or more. Workers' Compensation includes a return-to-work program for injured employees, managed care, and a statewide safety program.

The revenue accruing to the program is derived from participating agencies based upon the claims history of the agency and the number of covered employees. Claims history is calculated based upon a three year running average.

Policy

The Governor's budget includes additional funding in the amount of $10,500 in fiscal year 2027 and $21,700 in fiscal year 2028 to fund a 2% salary increment in fiscal year 2027 and an additional 2% in fiscal year 2028.