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SAM - Chapter 8500

8537     WORKERS' COMPENSATION INSURANCE - ACCOUNTING FOR THIRD PARTY RECOVERIES
(Revised and Renumbered from 8538.6 and 8538.61 10/88)

The State Compensation Insurance Fund (SCIF) will credit the amount recovered from a third party to the proper appropriations as abatements.  Any amounts owing to employing State agencies will be credited on the semi-monthly SCIF billings to the State agency with alpha code "SV" (salvage) in the column headed "Check Number" or the check will be mailed directly to the State agency depending on the circumstances.  If there are any questions, contact the Office of Insurance and Risk Management, Department of General Services, or the SCIF office which handled the claim.  See SAM Section 8775.

 

Updated : 6/6/2007