State lawmakers were unable to reach agreement on what to do about the soon-to-be-insolvent Second Injury Fund. The 2011 legislative session came and went with the fund on the brink of insolvency, according to Attorney General Chris Koster.
Koster has said the fund will be insolvent by the middle of this year and will have a $20 million deficit by the end of the year. After that, injured workers would have to go to court to resolve outstanding claims.
There are reportedly more than 28,000 pending cases that have accumulated since Koster stopped any new settlements from being paid as of September 2009. Gov. Jay Nixon has suggested lawmakers tackle the fund again next year, but Koster has said that would force the state to pay claims.
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