Commonwealth of Pennsylvania - Department of Labor And Industry - State Workers’ Insurance Fund -

COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF LABOR AND INDUSTRY STATE WORKERS’ INSURANCE FUND AUDIT REPORT FOR THE YEARS ENDED DECEMBER 31, 2008 AND 2007 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF LABOR AND INDUSTRY STATE WORKERS’ INSURANCE FUND SCRANTON, PENNSYLVANIA AUDIT REPORT FOR THE YEARS ENDED DECEMBER 31, 2008 AND 2007 DEPARTMENT OF LABOR AND INDUSTRY STATE WORKERS’ INSURANCE FUND DECEMBER 31, 2008 and 2007 TABLE OF CONTENTS Background ................................................................................................................................. 1 Independent Auditor’s Report .................................................................................................... 3 Management's Discussion and Analysis ................................................................................... 5 Statement of Admitted Assets, Liabilities and Surplus .............................................................. 7 Statement of Operations and Changes in Surplus .................................................................... 8 Statement of Cash Flows ............................................................................................................ 9 Notes to Financial Statements ................................................................................................. 10 Report on Internal Control Over ...