Subject: FW: Message from the President re: CASE ruling

From: Jennifer A. Vargen
Sent: Wednesday, April 15, 2009 1:02 PM
To: SCIF AllUsers
Subject: Message from the President re: CASE ruling

Dear Employees,
 
Today the judge who heard CASE's lawsuit against the Governor's furlough order ruled State Fund is exempt from this order stating that the insurance code and legislative intent behind it exempts State Fund from staff cutbacks - and that furloughs fall under that category.
 
This ruling raises a number of questions and we ask for your patience as we sort through the issues.   We are awaiting the judge's written order and the Board and Executive Team will evaluate how best to proceed. 
 
As solid information becomes available, we will share it promptly.
 
Thank you.
 
Jan Frank
President and CEO