* § 88. Administration expenses. The entire expense of administering
the state insurance fund shall be paid out of such fund which shall not
be considered an agency or a fund of the state for the purposes of
section four of the state finance law. The portion of such expenses
applicable and chargeable to the disability benefits fund shall be
determined on an equitable basis with due allowance for the division of
overhead expenses. There shall be submitted to the director of the
budget quarterly financial statements on a calendar year basis. In no
case shall the amount of administrative expenditures so authorized for
an entire year from the workers' compensation fund exceed twenty-five
per centum of the earned premiums for such insurance for that year. In
no case shall the amount of administrative expenditures authorized for
the disability benefits fund for an entire year exceed twenty-five per
centum of the premiums earned by that fund for such insurance for that
year. No payment, expenditure or refund out of the state insurance fund
shall be subject to pre-audit by the department of audit and control as
provided by section one hundred eleven of the state finance law. All
appointments to positions in the state insurance fund shall be made
subject to civil service requirements.

* NB There are 2 § 88