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Calculation of Probable Compensation (PRO 08/2024)
The Act directs WCB to establish a table of earnings and probable compensation. When there are any legislated changes to income tax deductions, either federally or provincially, or CPP or EI premiums, and when these changes become available, the WCB will publish revised tables. The Federal Government implemented a second tier for CPP deductions effective January 1, 2024. WCB has implemented the second tier of CPP deductions effective July 1, 2024.
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Effective: Sep 1, 2024
Effective: Jul 1, 2024
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Effective: May 1, 2024
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Effective: Mar 1, 2024
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Effective: Jan 1, 2024
Effective: Jan 1, 2024
Effective: Jan 1, 2024
