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WORKER'S COMPENSATION SECURITY FUND RETURN. N A I C# ... TO THE COMMISSIONER OF BANKING AND INSURANCE OF NEW JERSEY:.
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The workers compensation security fund is a reserve fund that provides financial protection for employees who are injured or disabled while on the job.
Employers who are required to carry workers compensation insurance are also required to file workers compensation security fund.
Employers can fill out the workers compensation security fund by providing information about their business and any workers compensation claims that have been made.
The purpose of the workers compensation security fund is to ensure that injured employees receive the benefits they are entitled to even if their employer cannot pay.
Employers must report information such as the number of employees, the amount of workers compensation insurance coverage, and any claims that have been made.
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