Dividends Announced for Golden State Risk Management Authority Members
On May 11, 2016 the Golden State Risk Management Authority Board of Directors approved a $250,000 dividend for its members.
The availability of funds for a dividend can be directly attributed to lower than anticipated claims costs and the overall positive performance of the pool over the last 10 years. The dividend will be divided among members in good standing as of July 1, 2016 and will be based on their prior 10 years of contributions.
The dividend will be shown on members’ July 1, 2016 invoices and be applied to their 16-17 contribution amounts. If you would like to know your district’s individual award prior to that, please email email@example.com.