The Fund s mission was then and continues to be today to provide a ready market of workers compensation insurance for Arizona s employers at the lowest possible cost. In 1999, the Fund celebrates its 30th year of service. The Fund is a non-profit agency.
All income is derived from policyholder premiums and investments.
The State Fund board of directors has declared a dividend every year since 1969. The Fund is fully competitive and operates under the same rules, rate structure and regulations as private insurance companies providing workers compensation insurance in Arizona. However, several aspects of the Fund s operations are closely tied to state government. The Fund is not, however, a part of the state personnel system. Employment matters are attended to by the Fund s Human Resources Department .