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The workers' comp Second Injury Fund assumes liability for compensation benefits attributable to prior injuries or illnesses. The Second Injury Fund was created in 1923 to make benefit payments to to- tally and permanently disabled workers in cases where the cause of disability was.Secondinjury funds collect assessments on employers and carriers. The benefits are not payable until after the employer, or insurance carrier, has completed payment of benefits for the second permanent partial disability. For reference, 50 weeks of PPD equates to 12. For reference, 50 weeks of PPD equates to 12. Have your employees complete either a post-hire medical questionnaire (must be Second Injury Fund approved) or a post-hire physical health screening. 2017 titled "2018 Second Injury Fund Calculation of Funding Level". Effective July 1, 2015, the Insurance Reserve Fund-Second Injury Fund Operations has been transferred to the State Fiscal Accountability Authority. The Second Injury Fund has five distinct responsibilities under the Workers' Disability.