Managing your mental health through COVID-19
Tools to help you cope
WCB news
What can we help you find?
WCB approves 2020 premium rates
The 2020 rate marks the first time in 12 years the average premium rate has not dropped
WCB announces proposed 2020 average employer premium rate
Average preliminary rate will remain at $1.17
WCB announces proposed changes to 2019 average premium rate
Average preliminary rate suggests a 1.7% decrease from 2018
- Saskatchewan’s 2019 preliminary employer premium rate decreases for 12th consecutive year
- 2019 proposed average premium rate is expected to decrease to $1.17 from $1.19 in 2018
- 42.5% of Saskatchewan employers will see a decrease or no change to their 2019 premium rate
- Premium rates for 57.5% of employers will increase next year
- 2019 proposed premium rate reflects the WCB’s complete transition to the enhanced rate model that was implemented in 2018WCB rate setting information sessions
Every fall, the Saskatchewan Workers’ Compensation Board (WCB) holds two public rate setting information sessions for the coming year.
Facts about the WCB’s Funded Position
Recently, the Canadian Federation of Independent Business (CFIB) issued a press release referencing their own research document where they suggest that WCB’s across the country “are holding onto $6.8 billion in extra money.”
Average preliminary rate suggests a 4% decrease from 2017
Average preliminary rate suggests a 4% decrease from 2017, making it the lowest rate in over 30 years
- WCB expects the 2018 proposed average premium rate to be the 3rd lowest in Canada.
- The 2018 proposed average premium rate is expected to decrease to $1.19 from $1.24 in 2017.
- 94% of Saskatchewan employers will see a decrease or no change to their 2018 premium rate.
- In 2017, the Board approved the transition to the WCB’s enhanced rate model. The 2018 premium rates reflect the rate model transition.