Document name
Minimum Annual Assessment
Document number
POL 07/2011
Effective date: January 1, 2012
Application: All registered employers covered under the Act.
Policy subject: Employer payroll and premiums
Purpose:
To establish the minimum annual assessment.
BACKGROUND
Section 7 of The Workers’ Compensation General Regulations, 1985 (the “General Regulations”) states that unless otherwise specified by the board, the minimum annual assessment for an employer is $25.
POLICY
A minimum annual assessment of $100 will apply to all employers registered with the WCB.
Policy references
Section heading
Act Sec #
Act Sec #
The Workers’ Compensation General Regulations 7
Section heading
Amended
Amended
01 January 2014. References updated in accordance with The Workers’ Compensation Act, 2013
Section heading
Supersedes
Supersedes
POL 05/2001 Minimum Annual Assessment
Section heading
Complements
Complements