second injury fund
Wages will rise for Missouri’s low-income workers and taxes will fall for some corporations as a result of laws taking effect with the new year.
“We haven’t run from it, we’ve embraced it and it’s been a heavy lift,” House Speaker Tim Jones said.
The state’s Second Injury Fund has a deficit of about $25 million that is expected to keep growing.
The Second Injury Fund provides payments to workers who are injured at work and, because of the combination of that injury with a prior injury become partially or totally permanently disabled.
Missouri’s Second Injury Fund owes far more in claims than it has, so now lawmakers are trying to solve the problem.
The fund pays claims for workers who return to work after being hurt once, only to be hurt again.
Employee’s may soon face restrictions on how much they can receive in damages from a workplace injury.