Director warns workers' compensation fund shortfall as staffing and services shrink
Mar 19, 2026
Director Charles Collins told the Finance Subcommittee that Alaska's workers' compensation funding (WSCA) is shrinking as premiums fall, forcing staff vacancies, halted IT upgrades and a closed Fairbanks office; he said past cost savings have lowered employer costs but left the fund unable to cover expenditures without management changes.
The full story
Director Charles Collins told the Department of Labor and Workforce Development Finance Subcommittee on March 19 that long-term declines in premium-based revenue are creating structural funding pressures for the state’s workers' compensation programs.
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