Document name
Maximum Assessable Wage Rate
Document number
POL 15/2021

Effective date: January 1, 2022

Application: Applies to all employers.

Policy subject: Employer payroll and premiums

Purpose:

To establish the maximum assessable wage rate for 2022.

BACKGROUND

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Section 137(2) of The Workers’ Compensation Act, 2013 directs the Workers’ Compensation Board to set a maximum assessable wage rate for each year.

POLICY

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  1. Effective January 1, 2022, the Board Members have determined that the maximum assessable wage rate will be $94,440 per worker per calendar year.
  2. In subsequent years, the maximum assessable wage rate will be adjusted in accordance with the maximum wage rate.

Policy references

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Section heading

Legislative Authority

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The Workers’ Compensation Act, 2013
Sections 37, 137(2), 182

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Document History

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(1)    POL 08/2020, Maximum Assessable Wage Rate – 2021 (effective January 1, 2021 to December 31, 2021)
(2)    POL 10/2019, Maximum Assessable Wage Rate – 2020 (effective January 1, 2020 to December 31, 2020).
(3)    POL 05/2018, Maximum Assessable Wage Rate – 2019 (effective January 1, 2019 to December 31, 2019).
(4)    POL 16/2017, Maximum Assessable Wage Rate – 2018 (effective January 1, 2018 to December 31, 2018).
(5)    POL 25/2016, Maximum Assessable Wage Rate – 2017 (effective January 1, 2017 to December 31, 2018).
(6)    POL 05/2015, Maximum Assessable Wage Rate – 2016 (effective January 1, 2016 to December 31, 2016).
(7)    POL 18/2014, Maximum Assessable Wage Rate – 2015 (effective January 1, 2015 to December 31, 2015).

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Complements

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