The City of Liberty has been recognized by the South Carolina Municipal Insurance and Risk Financing Fund for workplace safety in the Division II category. Division II is for cities and towns with 51 to 150 employees. The South Carolina Municipal Insurance and Risk Financing Fund is the city's property and liability insurance provider sponsored by the Municipal Association of South Carolina.

The City of Liberty has been a member of SCMIRF since 1999 and works daily to balance the needs of its citizens with sound risk management principles.  

SCMIRF evaluates all 105 of its member cities on workplace safety based on a formula that includes the number of hours employees work along with the severity and frequency of incidences on the job. Award winners are determined based on loss experience for the current year and the prior three years. Winners receive a plaque, $2500 to purchase safety equipment and training for their municipal employees, and a recognition luncheon.

The SCMIRF program is member-owned and was established in the 1980s as a response to the lack of stable and affordable property and liability coverage for SC cities and towns. In addition to the property and liability program designed specifically for municipal governments, it also offers free onsite and online training, grant funding, access to a labor hotline and other benefits.