N.Y. Workers' Compensation Law § 88*2: Administration expenses

* § 88. Administration expenses. The entire expense of administering

the state insurance fund shall be paid out of such fund which shall not

be considered an agency or a fund of the state for the purposes of

section four of the state finance law. The portion of such expenses

applicable and chargeable to the disability benefits fund shall be

determined on an equitable basis with due allowance for the division of

overhead expenses. There shall be submitted to the director of the

budget quarterly financial statements on a calendar year basis. In no

case shall the amount of administrative expenditures so authorized for

an entire year from the workers' compensation fund exceed twenty-five

per centum of the earned premiums for such insurance for that year. In

no case shall the amount of administrative expenditures authorized for

the disability benefits fund for an entire year exceed twenty-five per

centum of the premiums earned by that fund for such insurance for that

year. No payment, expenditure or refund out of the state insurance fund

shall be subject to pre-audit by the department of audit and control as

provided by section one hundred eleven of the state finance law. All

appointments to positions in the state insurance fund shall be made

subject to civil service requirements.

* NB There are 2 § 88