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PPS Receives Workers Comp Dividend

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PPS Receives Workers Comp Dividend
Posted on 09/12/2019
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The Portland Public Schools is pleased to have recently received a dividend of more than $27,000 from the Maine Municipal Association (MMA) as a result of risk management measures taken to promote a safe work environment.

“The Portland Public Schools is proud to receive this acknowledgment of our good risk management practices,” said Assistant Director of Human Resources Richard Moore, who manages the district’s workers compensation program. “I commend all of our employees for doing their part to ensure the safety of our workspaces. I also want to recognize our leaders, who consistently find ways to accommodate employees with injuries so they can get well and return to their regular responsibilities in a timely fashion.”

The MMA late this summer announced the dividend award of $27,371 from the MMA Workers Compensation Fund to the district for its good risk management and sound loss prevention.

The MMA offers three self-funded pools for municipal and quasi­public entities in Maine: the Workers Compensation Fund; the Property & Casualty Pool; and the Unemployment Compensation Fund. The programs are overseen by governing boards of elected and appointed municipal officials. At its May meeting, the board approved a dividend distribution. Actual allocation and eligibility is based on the individual member's own loss experience. Michelle Pelletier, Director of Risk Management Services for MMA, said more than 79 percent of program participants received a dividend this year for their good risk management practices and favorable loss experience.

This year, the Workers Compensation Fund has distributed almost $650,000 in dividends to participants and the Property and Casualty Pool has paid dividends of nearly $600,000, for total payments of just over $1.2 million returned directly to MMA members. The MMA has been paying dividends since 1997.