City of Rockland receives dividend check for good performanc

City of Rockland receives dividend check for good performance, loss prevention programs


City of Rockland receives dividend check for good performance, loss prevention programs
Thu, 07/29/2021 - 4:45pm
ROCKLAND — Municipal officials has announced that the City of Rockland has received an $8,669 dividend check from the Maine Municipal Association because of its good performance and loss prevention programs.
The Maine Municipal Association offers three self-funded pools for municipal and quasi-public entities in Maine: the Workers Compensation Fund formed in 1978; the Property & Casualty Pool formed in 1987; and the Unemployment Compensation Fund formed in 1978.
The programs ae overseen by governing boards of elected and appointed municipal officials. At its May meeting, the board approved another dividend distribution. Actual allocation and eligibility is based on the individual member’s own loss experience. Michelle Pelletier, Director of Risk Management Services for MMA, said more than 79 percent of program participants received a dividend this year for their good risk management practices and favorable loss experience.

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