Both Primary Liability Program and Primary Workers’ Compensation Program annual contributions and retrospective computations for the 2018-19 coverage period are available on the Authority’s website in the Resources and Documents Library and on the Cost Allocation pages.
Annual contributions, which provide the pool with necessary resources for the defense and payment of claims, are calculated based on an actuarial study of member claim experience. The contributions were approved by the Executive Committee at its November 15, 2017 meeting.
Retrospective computations are based on the ongoing claim development of past coverage periods and can result in either an additional deposit or a refund. Adjustments are calculated once a year in October.
The 2018-19 Annual Contribution Invoice Summary, which includes any retrospective adjustment amounts, will be available in the spring. For questions, contact the Authority’s Financial Analyst, Lam Le, via email or at (562) 467-8729.