Discussion and possible action to authorize the execution of documents necessary to certify the City of Peoria exemption from the Industrial Commission of Arizona requirements to post security for self-insured Workers’ Compensation claims.

The Industrial Commission of Arizona (ICA) exempts public entities from posting financial security for claims liability provided the governing body provides a statement to the ICA at the beginning of each year certifying the availability of adequate funds to pay for workers' compensation claims. By providing a certified statement, the City of Peoria will meet the requirements imposed by the ICA as it relates to establishing a self-insured workers' compensation plan.

Once City Council approves the certification that the City of Peoria, a chartered Arizona Municipality and duly qualified Workers' Compensation self-insurer, requests exemption from the Industrial Commission of Arizona's (ICA) requirement to post security for pending self-insurance claims and necessary signatures are obtained, these documents will be returned to the Human Resources Department and routed through the City Clerk. The final approved documents will be submitted to the ICA.

Previous requests for exemption were also processed on 07/01/2009, 07/01/2010, 1/1/2011, 01/01/2013, 12/10/2013, 01/20/2015, 01/19/2016, 01/24/2017, 12/12/2017, 12/4/2018, 11/09/2019, 11/17/2020,  11/09/2021, and 11/15/2022.

B: If this request is not approved and signed, the City will have to purchase a bond (cost of bond is unknown).

This is a request for City Council to review and approve certification that the City of Peoria, a chartered Arizona Municipality and duly qualified Workers' Compensation self-insurer, is exempt from the Industrial Commission of Arizona's (ICA) requirement to post security for pending self- insurance claims.