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WCB may slash its rates 8.2%
Nov 14, 2007 at 09:32 AM

Bruce Johnstone, Leader-Post

Published: Wednesday, November 14, 2007

The Saskatchewan Workers' Compensation Board (WCB) is proposing an average 8.2-per-cent rate reduction to $1.69 per $100 of payroll, effective Jan. 1, the WCB announced Tuesday.

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The Saskatchewan Workers Compensation Board is putting forward a proposal to reduce rates for employers by 8 point 2 percent.

 

According to a Board spokesperson there are a couple of reasons they are able to decrease rates from a dollar 84 to a dollar 69 per one hundred dollars of assessable payroll.

It's because of some higher investment returns, continuing declines in the provincial workplace injury rate and injury claim durations.

The proposal will go to some of the players in the 55 various workplace categories for their comments and then to a board meeting for final approval in early December.

http://www.saskatoonhomepage.ca/index.php?option=com_ezine&task=read&page=9&category=21&article=8883&Itemid=86

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