Municipal officials are pleased to announce that the town of Wiscasset has received a $12,644 dividend check from Maine Municipal Association due to the town’s good performance and loss prevention programs.

MMA offers three self-funded pools for municipal and quasi­ public entities in Maine: TheWorkers Compensation Fund formed in 1978, the Property &Casualty Pool formed in 1987 and the UnemploymentCompensation Fund formed in 1978.

The programs are overseen by governing boards of elected and appointed municipal officials. At its May meeting, the board approved another dividend distribution. Actual allocation and eligibility are based on the individual member's own loss experience. Michelle Pelletier, director of risk management services for MMA, said more than 82% of program participants received a dividend this year for their good risk management practices and favorable loss experience.

This year, the Workers Compensation Fund has distributed almost $725,000 in dividends to participants and the Property and Casualty Pool has paid dividends of nearly $600,000, for total payments of just over $1.3 million returned directly to MMA members.?MMA  has been paying dividends since 1997, and the two programs have returned over $27 million to participating members.