Transact-SQL stored procedures can use the cursor data type only for OUTPUT parameters. If the cursor data type is specified for a parameter, both the VARYING and OUTPUT parameters are required. If the VARYING keyword is specified for a parameter, the data type must be cursor and the OUTPUT keyword must be specified.
There is two-year statute of limitations that applies to workers' compensation cases. A formal claim petition must be filed within two years of the date of injury or the date of last payment of compensation, whichever is later. Medical treatment authorized by the employer is considered a payment of compensation.
We will assume that the countrywide duration for a workers compensation lost time claim (WCLT) claim is 15 months, the cost per month of handling a claim is $50, and there is no inflation. Then every reported claim will need to have a reserve of $750 (= 15 x $50) set aside.