Section 3012 Of Article 1. Disability Fund From California Unemployment Insurance Code >> Division 1. >> Part 2. >> Chapter 5. >> Article 1.
3012
. (a) Notwithstanding Section 13340 of the Government Code, all
money in the Disability Fund is continuously appropriated for the
purpose of providing disability benefits pursuant to this part,
including the payment of refunds, credits, or judgments, and interest
thereon, the payment of disability benefits to all eligible persons
not covered exclusively by an approved voluntary plan, and the
payment of the expenses of administration of this part and Section
17061 of the Revenue and Taxation Code by the department and the
Franchise Tax Board. "Eligible persons" as used in this section,
means those individuals who are covered by the Disability Fund at the
time his or her disability benefit period commences, or whose
employment has terminated or who is in noncovered employment at the
time his or her disability benefit period commences, and who is
otherwise eligible for benefits under this part.
(b) For the purpose of keeping a record of the payments to and the
disbursements from the Disability Fund with respect to the payment
of benefits to persons whose employment has terminated or who are in
noncovered employment at the time his or her disability period
commences, the director shall maintain the Unemployed Disabled
Account in the Disability Fund. This account shall be credited with
12 percent of the product obtained by multiplying the rate of worker
contributions as determined in Section 984, by the amount of the
taxable wages paid to employees covered by voluntary plans for
disability benefits for each calendar year. This account shall also
be credited with an amount equal to 12 percent of the product
obtained by multiplying the rate of worker contributions, as
determined in Section 984, by the amount of the taxable wages paid to
employees covered by the Disability Fund for each calendar year.
This account shall be charged each calendar year with disbursements
from the Disability Fund for the payment of benefits and the
additional administrative costs of the payment of benefits to persons
whose employment has terminated or who are in noncovered employment
at the time his or her disability benefit period commences.