SAN FRANCISCO/VACAVILLE, CA – State Compensation Insurance Fund broke ground on the first phase of its new Vacaville Office Campus that when completed will employ approximately 1,200 people. The ceremonial groundbreaking – which included officials from the City of Vacaville and State Fund - was held December 14, 2006, at the Vaca Valley Business Park, south of the Genentech facility and east of Interstate 505.

State Fund’s Vacaville Office Campus will sit on a 32 acre site that is entitled to include five separate, two-story buildings with a total area office space of 434,375 square feet. The project is slated to be constructed in two phases with the first phase consisting of three buildings. Completion of the first phase is scheduled for 2008 and will house State Fund’s Information Technology operations becoming its primary data center. The entire Vacaville Office Campus is scheduled to be completed in 2011 and will eventually house a number of other State Fund operations.

“The Vacaville campus marks a milestone for State Fund as part of our long range plan that will enable us to continue to provide the industry’s highest level of service while reducing real estate costs and ensuring access to a high quality workforce,” said State Fund President J.C. Tudor. “The Vacaville Campus will enhance our ability to provide more efficient and effective services to all our policyholders statewide.”

Tudor added, “We want to thank the City of Vacaville for its tremendous support and pledge to all Vacaville residents that we will be a good neighbor and an asset to the entire community.”

EDITOR’S NOTE: Established by the California Legislature in 1914, State Compensation Insurance Fund is a self-supporting, nonprofit, fairly competitive public enterprise that provides workers’ compensation insurance coverage to California employers.