Investment Policy It is the policy of the Security Fund to invest its financial assets in a manner which will provide the highest investment return with the maximum security while meeting the daily cash flow demands of the Fund. The primary objective of the Security Fund’s investment policy is to generate investment income and modest growth of principal while avoiding excessive risk. The secondary objective is to maintain liquidity sufficient to meet cash flow projections. The Security Fund’s target investment allocations, which may fluctuate, are 60 percent for fixed income assets, 35 percent for equities and 5 percent for cash and other equivalents. Contact Us Upcoming Events No events View Full Calendar Announcements California Self-Insurers' Security Fund presents the 2021 Informational Meeting! Each year we host an informational member meeting about the Fund’s size and composition, financial strength, assessment, default/claim activity, etc. All members are invited and encouraged to attend. Our last informational member meeting was held on May 12, 2021 and was a virtual meeting due to the restrictions imposed by the pandemic. See the 2021 presentation here © Copyright 2019 CSISF. All rights reserved Self-Insurers' Security Fund 555 12th Street, Suite 680 Oakland, CA 94607 Phone 510.879.6035 Fax 510.879.7709 CSISF facebook twitter linkedin Back to top powered by

The Default Process The DIR monitors each self-insured entity and determines if and when a self-insured is in default, which most often occurs in connection with a Chapter 7 bankruptcy or a company insolvency. When this occurs, the DIR can issue a formal “order of default” and direct the Security Fund to commence administration of the claims. In such cases, the workers’ compensation claims are then turned over to the Fund to manage and administer until all of the defaulted employer’s claim obligations are settled and/or legally closed. At the time of default, the self-insured employer relinquishes all membership rights in the Security Fund, as well as any rights to obtain the return of any collateral left on deposit. Also, upon an order of default the Security Fund has 30 days in which to commence benefit administration. Claim administrators who handled the claims for the defaulting employer are required to provide claim files and other records to the Security Fund within a reasonable time of the default. Contact Us Upcoming Events No events View Full Calendar Announcements California Self-Insurers' Security Fund presents the 2021 Informational Meeting! Each year we host an informational member meeting about the Fund’s size and composition, financial strength, assessment, default/claim activity, etc. All members are invited and encouraged to attend. Our last informational member meeting was held on May 12, 2021 and was a virtual meeting due to the restrictions imposed by the pandemic. See the 2021 presentation here © Copyright 2019 CSISF. All rights reserved Self-Insurers' Security Fund 555 12th Street, Suite 680 Oakland, CA 94607 Phone 510.879.6035 Fax 510.879.7709 CSISF facebook twitter linkedin Back to top powered by