Who may certify an alternative percentage of return used to calculate the administrative fund contribution?

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The authority to certify an alternative percentage of return used to calculate the administrative fund contribution rests with the Director of Labor and Training. This aligns with the department’s oversight of the workers’ compensation program and its funding mechanism, ensuring that contributions to the administrative fund reflect actual fund performance or statutory requirements. The Governor, the Director of Insurance, and the Commissioner of Commerce oversee other areas and don’t have this specific duty, which is why the Director of Labor and Training is the correct choice. If investment results differ from expectations, the director can certify a different percentage to keep the fund appropriately funded.