Adds BOCES to the list of entities authorized to establish a workers' compensation reserve fund.

The bill amends the general municipal law to authorize Boards of Cooperative Educational Services (BOCES) to establish a workers' compensation reserve fund. This fund can be used for compensation and benefits, medical, hospital, or other related expenses. BOCES can invest the fund's money and any interest or capital gains accrue to the fund. The fund's separate identity is maintained regardless of whether its assets are in cash or investments.

Adds BOCES to the list of entities authorized to establish a workers' compensation reserve fund.

The bill amends the general municipal law to authorize Boards of Cooperative Educational Services (BOCES) to establish a workers' compensation reserve fund. This fund can be used for compensation and benefits, medical, hospital, or other related expenses. BOCES can invest the fund's money and any interest or capital gains accrue to the fund. The fund's separate identity is maintained regardless of whether its assets are in cash or investments.