The mission of the State Compensation Insurance Fund is to:
- Provide California employers with a permanent market for workers' compensation insurance protection at cost with no financial obligation to the public.
- Compete fairly with other insurers and, by example, set the standard for fair premium rates, financial integrity, excellence in customer service and impartial treatment of injured workers.
- Assist employers in providing safe places to work. When a worker is injured, help restore that person to a useful place in the economy.
Pursuant to Insurance Code, Section 11871, claims against the uninsured state agencies are adjusted by State Compensation Insurance Fund under a Master Agreement with the Department of Personnel Administration. Adjustment costs and other administrative charges under the Master Agreement are reflected in the Workers' Compensation Benefits for State Agencies budget display.