2014 Annual Report is Now Available

2014 Annual Report
June 16, 2015

The 2015 assessment for the PLF Primary Plan remained unchanged at $3,500 for the fifth consecutive year. Despite some significant claims, 2014 marked the Fund’s third consecutive year with a strong financial performance. The net gain of $1.66 million was a drop from the 2013 net gain, due largely to a decrease in investment income and higher claim costs. Nonetheless, the PLF moved closer to its goal of reaching a reserve that would allow the PLF Board of Directors to stabilize the assessment in the event of unexpected poor claim results. Total Fund equity is now approximately $11 million.  Read the full 2014 Annual Report here.