Manchester Municipal Risk Management Authority


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02.20.19 Fire/EMS Advisory Committee Meeting
03.05.19 DPS Advisory Committee Meeting
03.07.19 2019 Risk Management Workshop
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03.12.19 Freedom of Information Act (FOIA) Workshop
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What's New/Hot Topic From MMRMA to You
MMRMA Announces $1.5 Million Distribution from State Pool Retention Fund
Board declares distribution based on recommendation from the State Pool Committee.


February 2019
Smart Onboarding and Orientation Practices; MMRMA Updates Five Valuable Risk Control Brochures; Preview of Risk Management Workshop

MMRMA Announces $1.5 Million Distribution from State Pool Loss Fund

Posted: Thursday, February 25, 2016

Based on the recommendation of the State Pool Committee, the Board declared a special distribution of $1.5 million to current renewing State Pool Members at its February meeting.  In addition, current renewing State Pool Members will receive a share of the $31.8 million General Fund distribution that was also declared at the February meeting.

The State Pool distribution is based on a recent analysis of the State Pool Loss Fund conducted by MMRMA’s consulting actuaries.  The analysis concluded that the State Pool Loss Fund is in excellent financial condition.  This distribution represents excess assets in the State Pool Loss Fund identified by employing the same method used to determine the General Fund excess net asset distribution.

The State Pool is a group of smaller MMRMA members.  Each State Pool Member self-insures the first $50,000 of each casualty loss, including legal expenses.  The State Pool Members deposit fund in a “pooled” State Pool Loss Fund, administered by MMRMA, which then pays their self-insured losses up to the $50,000 SIR.  Casualty losses in excess of the SIR are paid by MMRMA and its reinsurers.  For property and auto physical damage coverage, State Pool Members can select deductibles as a means of retaining a portion of the risk.

This structure has worked very well and the MMRMA State Pool membership has now grown to 258 public entities.  With the recent trend toward consolidation of local government service delivery, we expect to see further growth in the State Pool membership as more joint special service districts and authorities are created.

The State Pool Members also have an active role in MMRMA governance.  The State Pool Members elect an individual to serve on the MMRMA Board of Directors.

In addition, MMRMA’s Governance Policies provide for a State Pool Committee.  The committee is comprised of nine individuals appointed by the MMRMA Board Chair.  The current members of the State Pool Committee are:

  • Ron Beaton (Committee Chair) – Municipal Employees Retirement System (MERS)
  • Mary Anderson – Newaygo County CMH
  • Rosalie A. King – NorthCare Network
  • Jeffery B. Lawson – Cheboygan County
  • Amy Sullivan – City of Huntington Woods
  • Susan Vander Pol – Osceola County
  • Mike Welsch – AuSable Valley CMH
  • Del Wensley – Salem Township

This is the second distribution from the State Pool Loss Fund and all State Pool Members can be justifiably proud of this important milestone!




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Michigan Municipal Risk
Management Authority

14001 Merriman Road
Livonia, MI 48154
734.513.0300
800.243.1324

MMRMA has been a leader in municipal risk since 1980 and remains committed to meeting the ever-expanding challenges faced by its membership. MMRMA's risk control services are designed to help its members identify, prevent, and mitigate losses through on-site surveys, training, and other services. MMRMA also provides its members with premier claims and legal services, sound financial management, and essential news on the latest developments in public risk management.


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