Perspectives

Dividend Declared For 22nd Consecutive Year

Montana State Fund’s (MSF) Board of Directors declared a $20 million dividend to be paid to policyholders in mid-November. This marks the 22nd consecutive year MSF has declared a dividend bringing the total returned to policyholders to $306 million since 1999 ($165 million since 2015).

“Montana State Fund is proud to be able declare a dividend for the 22nd consecutive year. While dividends are not guaranteed, we have been able to consistently declare dividends thanks in part to our partnership with employers and workers who are committed to operating a safe and healthy work environment,” said MSF President and CEO, Laurence Hubbard.

Dividends are the result of better than expected return on investments and ​fewer than expected losses (accidents). Montana has historically been near the top of the list of highest on-the-job accidents and fatalities. While that ranking is trending in the right direction, there remains room for improvement.

The $20 million dividend will be paid to more than 22,000 Montana employers. The average dividend is approximately $900, representing nearly a 15% return of premium––on average.

​”Over the years, Montana State Fund has consistently declared dividends, but this year is different. While today’s news is not related to COVID-19, it is our hope that the timing of this declaration provides some assistance to Montana’s Main Street businesses during these difficult times,” said MSF Board Chairman, Lance Zanto.​

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Making Contact

Providing quality customer service is our number one priority at Montana State Fund. If you ever have a question or need assistance please feel free to call a customer service specialist who will be happy to assist you.

Important MSF Contact Information

Customer Service
800-332-6102
406-495-5001 (Direct Line to Select Service)
406-495-5006  (Direct Line to Premier Service)

Main Website Address
montanastatefund.com

Safety Website Address
safemt.com 

Return to Work Resources/Young Worker Safety
safemt.com

Safety Seminars safemt.com
800-332-6102 Extension 5361 (Kirk Smith)

ACE Program 800-332-6102 Extension 5292 (Rita Naylor)

Fraud Hotline 888-MTCRIME 888-682-7463