Town Meeting to Discuss Payment to Former Comp Carrier

Wednesday night the town will hold a Special Town meeting to decide whether to approve a $25,839.62 payment to the town’s former Worker’s Compensation carrier.

The payment is this year’s installment of "$120,000 assessment levied by the Municipal Interlocal Risk Management Agency, the town’s Worker’s Compensation insurer for fiscal years 2003-04 and 2004-05."

Some 60 towns that contracted with MIRMA were hit with a $10 million assessment when the insurer fell short of its projected revenue, town officials said. The amount was later reduced to $8.8 million

The town paid the company $44,000 in 2010-11 officials said.  The Board of Selectmen scheduled the Sept. 14 special meeting after residents questioned this year’s payment.

MIRMA President Patrick Hemingway is expected to attend the meeting, which will take place at 7 p.m. at the community center.