Tenn. Comp. R. & Regs. 0800-02-02-.02

Current through October 22, 2024
Section 0800-02-02-.02 - DEFINITIONS

As used in this rule, unless the context otherwise requires:

(1) "Financial Contributions" means those funds paid by governmental entities and earned by governmental pools, for the purpose of making payment of workers' compensation claims pursuant to TCA § 29-20-401 during any one calendar year.

(2) "Legal or Administrative Entity" means the entity established by two or more governmental entities who have pooled funds for the purpose of insuring against workers' compensation liability, to effectuate the pooling agreements.

(3) "Commissioner" means the Commissioner of Finance and Administration.

(4) "Director" shall mean the Director of the Workers' Compensation Division of the Tennessee Department of Labor.

(5) "Annual Fee" shall be a percentage of all financial contributions which percentage shall be equivalent to the percent of insurance premium taxes paid out to claimants in permanent disability benefits by the Second Injury Fund for the immediately preceding calendar year.

Tenn. Comp. R. & Regs. 0800-02-02-.02

Original rule filed March 27, 1992; effective June 29, 1992.

Authority: T.C.A. §§ 50-6-101, 50-6-103, 50-6-233, 29-20-401, 29-20-403, 29-20-404 and 4-5-202.