FUNDING FAIRNESS: A REPORT ON ONTARIO S WORKPLACE SAFETY AND INSURANCE SYSTEM
|
|
- Theresa Dean
- 5 years ago
- Views:
Transcription
1 FUNDING FAIRNESS: A REPORT ON ONTARIO S WORKPLACE SAFETY AND INSURANCE SYSTEM SUMMARY AND HIGHLIGHTS The Funding Review The Funding Review, chaired by Professor Harry Arthurs, was established in September 2010 to investigate a number of issues related to the financial situation of Ontario s Workplace Safety and Insurance Board (WSIB). These issues were: the WSIB s unfunded liability; premium rate setting; rate groups; employer incentive programs; funding occupational disease claims; and indexation of benefits for partially disabled workers. Professor Arthurs was assisted by four distinguished advisors from various backgrounds Maureen Farrow, Buzz Hargrove, John O Grady and John Tory and by a small staff seconded from the WSIB. In addition, research support for the Review was provided by the Conference Board of Canada and by Morneau Shepell, a firm of consulting actuaries. In late 2010, Professor Arthurs met informally with 39 umbrella organizations representing employer groups, injured workers advocates and unions. In January 2011, he convened a technical consultation at which the WSIB provided extensive financial information to experts nominated by those organizations, as well as a number of nonaligned actuaries. In April and May 2011, the Review held 12 days of public hearings in six Ontario cities. Some 145 representative organizations, individuals and businesses made submissions either at the hearings, by letter, online or in informal interviews with staff members of the Review. A further 23 briefs were received following the hearings. SUMMARY Page 1
2 Finally, in June and November 2011, Professor Arthurs again consulted with the major stakeholder organizations. In March 2012, his final report entitled Funding Fairness was formally presented to the WSIB Board of Directors and to the Ministry of Labour. This summary provides an overview of the report and its main recommendations. However, readers who would like to examine all of the recommendations, and explore the reasoning underlying them, are invited to consult the full text. In addition, they may wish to refer to the Technical Annex, which contains a glossary that explains many terms used in the report, identifies the documentary sources on which it relies and makes available the research studies commissioned by the Review. The report and Technical Annex are available online at A CD Rom containing all the same material is available free of charge from info@wsib.on.ca. The WSIB s unfunded liability The major issue confronting the Funding Review was the WSIB s unfunded liability (UFL). In its 2009 Annual Report, the WSIB noted that its assets amounted to only about 54% of its liabilities, a shortfall of some $11.7 billion. While full funding was not and is not required under its governing statute, and while the WSIB has almost never been fully funded since its inception in 1915, the Auditor General in his 2009 Annual Report expressed concern about its situation and suggested that the WSIB may need to find a new approach to deal with [its unfunded liability]. The Funding Review analyzes the history of the UFL and assigns primary responsibility for the WSIB s funding shortfall to actions by successive governments (often under pressure from stakeholder groups), which forced down premium rates, imposed new obligations on the WSIB without identifying the resources needed to pay for them and failed to use the powers available to them to ensure that appropriate funding levels were maintained. The funding problem was exacerbated by various shortcomings in the WSIB s policies and administration and by investment losses it experienced during the stock market crash of SUMMARY Page 2
3 The Review found that present funding levels, around 50%, exposed the WSIB to the risk of some day not being able to meet its obligations as they become due. It therefore concluded that the WSIB s first concern should be to eliminate the risk of tipping of not being able within a reasonable time frame and by reasonable measures to generate sufficient funds to pay workers benefits. It should then move in stages towards full funding. To achieve these goals, the Review recommends the WSIB should adopt a new funding strategy that: is based on realistic assumptions, including a discount rate based on the best available data and actuarial advice; is designed to move the WSIB as quickly as feasible beyond the tipping point of 60% funding and to achieve 90% to 110% funding within 20 years; calculates premium rates payable by employers on the basis of (a) a variable basic charge that includes provision for new claims costs that are properly priced and fully funded on an annual basis and (b) a fixed UFL component that will change only in exceptional circumstances defined in the strategy; establishes a corridor system that will signal the need to re-price the UFL component in timely fashion and identifies zones of sufficiency that will enable the WSIB to keep in focus, not only its financial situation, but also its responsibility to achieve its statutory objectives; and includes provision for the funding of full indexation for partially disabled workers. [Recommendation 3-1] The report also proposes that statutory increases in benefits should take effect only in the budget year following their adoption; this will enable the WSIB to adjust premium rates to meet the additional cost of new benefits [Recommendation 3-2]. And it recommends that the government review its current policy of using WSIB revenues to pay for certain medical services provided to injured workers by the Ontario Health Insurance Plan (OHIP), for the enforcement of occupational health and safety legislation, and for the delivery of education and accident prevention programs [Recommendations 3-3 and 3-4]. The latter recommendations are intended to ensure that all employers who benefit from these programs not just those insured under the WSIB scheme should pay their fair share of the cost. SUMMARY Page 3
4 Premium rate setting Noting that the WSIB has in recent years failed to charge premium rates sufficient to meet the estimated cost of new claims a major cause of the growth of the UFL the report recommends a number of measures designed to enhance the professionalism and protect the integrity of the rate setting process: The WSIB s Board of Directors (the Board) should adopt and publish a formal funding policy outlining the key elements of its funding strategy and the principles that are to govern premium rate setting. It should also adopt and publish an annual supplement to its funding policy, with special emphasis on factors affecting rate setting for the coming year. The Board should issue standing instructions to the Chief Actuary to submit an annual recommendation for the average premium rate in accordance with its funding policy and the annual supplement. The Actuary s recommendation should be accompanied by a signed statement that it is in accordance with the funding policy and annual supplement. The Board may (a) accept the recommendation of the Chief Actuary; (b) seek review of the Chief Actuary s opinion by the WSIB s Actuarial Advisory Committee; or (c) reject the rate recommended by the Chief Actuary. If it decides to adopt an average premium rate different from that recommended by the Chief Actuary, the Board must publish a statement setting out the reasons for its action. [Recommendation 4-4] To reinforce this recommendation, the report makes clear that: The average premium rate should be set by the Board in accordance with its funding policy and with the procedure described in the previous recommendation. The Minister of Labour should not interfere in any fashion with rate setting by the Board except in the exceptional circumstances and in accordance with the procedures set out below. The Minister may reject the premium rate set by the Board within a specified period of time if, in his or her opinion, (a) the province is facing a serious economic crisis and (b) the increase in premium rates proposed by the Board would have a significant adverse effect on the province s economy. SUMMARY Page 4
5 If the Minister elects to reject the average premium rate proposed by the Board, he or she must forthwith issue a public statement (a) explaining his or her reasons for doing so, (b) setting an average premium rate, and (c) instructing the Board what steps to take in the event that the rate set by the Minister provides insufficient revenue to enable the WSIB to meet its current and future statutory obligations and to implement its funding policy. The steps to be taken may include increasing the WSIB s unfunded liability, selling its investments or imposing a special premium rate surcharge in future years. [Recommendation 4-5] The report also proposes a series of measures designed to protect the rate-setting process from direct or indirect pressure by stakeholders: The technical capacity, professional status and autonomy of the WSIB s Chief Actuary should be enhanced. [Recommendation 4-1] Each year, stakeholders should be provided with a full and timely briefing on the technical considerations that led the Chief Actuary to recommend the average premium rate. [Recommendation 4-2] The WSIB should set premium rates on the basis of the actual cost of providing insurance coverage to employers, not on the basis of whether its rates are affordable. Present statutory language that allows particular groups of employers to complain that their premium rates are undue or unfair has seldom been referred to or used, is too vague to be workable in any practical sense, and should therefore be repealed. [Recommendation 4-3] The WSIB should make and announce its final decision regarding premium rates as early each year as possible, and in any event no later than July. [Recommendation 4-6] Rate groups The Workplace Insurance and Safety Act (WSIA) assigns all insured employers to one of nine generic industry classes such as construction or manufacturing. However, because employers in different types of business within each class expose their workers to different risks and generate different benefit costs, the nine industry classes are broken down into 154 rate groups. Each rate group is charged a premium rate that is supposed to reflect the cost of the claims it generates for the system, as well as its SUMMARY Page 5
6 share of the WSIB s administrative costs and the cost of financing the UFL and various other items. The Funding Review concluded that the present system of rate groups is not based on sound principles, fails to reinforce government and WSIB initiatives regarding accident prevention and return to work, is too costly to administer, and offers employers opportunities for rate-shopping. The Review therefore recommends that: The existing system of rate groups and industry classes should be replaced by a new system of sectoral groups that would be used both to set premium rates and to organize accident prevention, safety education and return-to-work / labour market re-entry programs. As far as possible, sectoral groups should cluster firms in a given sector that are already committed to working together in their common interest The WSIB should investigate the possibility of creating a separate small business sectoral group, or alternatively of establishing a standard rate for small businesses within each sector. Whichever system the WSIB uses, it should develop a clear set of principles governing the creation of rate groups and the assignment of employers to them. [Recommendations 5-1 and 5-2] These recommendations are bolstered by a series of technical suggestions whose implementation would enable the WSIB to keep overall coverage and rate group or sectoral boundaries up to date in a rapidly changing economy. [Recommendation 5-3] The report also acknowledges that, in implementing the proposed reform of its rate group system, the WSIB must coordinate its efforts with those of the new Chief Prevention Officer who will have primary responsibility for preventing workplace accidents and illnesses under the aegis of the Ministry of Labour. It also acknowledges that reforms will have to be implemented gradually to avoid sudden increases in premium rates resulting from the realignment of employers into the new sectoral groups. [Recommendation 5-4] SUMMARY Page 6
7 Whether or not the WSIB implements the sectoral group proposal, it will still have to decide how the costs of the insurance system are to be distributed among insured employers. The report makes a series of recommendations in this regard: Each sectoral (or rate) group should pay the full current and future cost of the new claims its members generate. [Recommendation 5-5] The annual cost of paying down the UFL should be distributed as follows: 5% should be paid by all insured employers in the form of a fixed collective responsibility charge; 47.5% should be allocated among the nine industry classes on the basis of their responsibility for the growth of the UFL over the past 20 years; and 47.5% should be allocated among industry classes on the basis of their current new claims costs. [Recommendation 5-6] Unless the government decides no longer to require the WSIB to reimburse it for OHIP-insured medical services provided to injured workers, to fund the enforcement of health and safety legislation and related activities, and to meet other legislated obligations, these costs should be distributed among employers on the same basis as at present. The WSIB should also charge employers for their pro rata share of administrative costs, as at present. [Recommendations 5-7 and 5-8] Finally, the WSIB currently imposes surcharges on the premium rates paid by employers with poor claims records and provides rebates to those with good records. The Funding Review notes that this system of surcharges and rebates has produced a considerable net loss of revenue each year another contributing cause of the UFL and strongly recommends that it operate on a revenue-neutral basis in the future. [Recommendation 5-9] Employer incentive programs The experience rating system of surcharges and rebates described above is one of several programs run by the WSIB to encourage employers to reduce workplace risks encountered by workers and to facilitate their return to work. Only modest evidence supports the proposition that these programs are having their intended effect. However, evidence of comparable quality suggests that some employers try to preserve their clean claims records and their favourable premium rate by persuading, paying or coercing injured workers not to seek compensation, while others engage in abusive SUMMARY Page 7
8 practices that discourage workers from returning to work or deprive them of other rights under the WSIA. In general, the Review concludes that experience rating likely produces both negative and positive results. The report presents a series of proposals designed to prevent the former and improve the latter: The WSIB should continue to maintain experience rating programs under section 83 if, and only if, three conditions are met: it declares the purpose of such programs to be solely to encourage employers to reduce injuries and occupational diseases and to encourage workers return to work, and it concludes that the programs are in fact accomplishing their purpose; it adopts a firm policy to protect the integrity of its programs and commits the necessary resources to proactively detect, prevent and, if necessary, punish any abuses committed by employers to gain the benefit of reduced premium rates; and it establishes a credible monitoring process to ensure that the first two conditions are met. [Recommendation 6-1] In support of this approach, the report recommends that: Employers should be required to take positive steps to ensure that workers know of and are able to exercise their rights under the WSIA. The WSIB should take proactive steps to ensure that all participants in its proceedings act fairly and honestly. The WSIB should devote additional resources, and be given additional powers, to detect and punish acts or omissions that interfere with the right of workers to claim compensation or to return to work under the WSIA. The WSIA should be amended to more effectively deter and punish illegal conduct. If the WSIB does not commit to protecting workers against claims suppression and other abuses in the context of experience rating programs within 12 months from the receipt of this report, or if it fails to initiate all necessary changes within its competence within 30 months, it should discontinue those programs. [Recommendation 6-2] SUMMARY Page 8
9 Finally, with a view to ensuring that experience rating programs actually do achieve positive results, the report recommends: The WSIB should initiate a time-limited, carefully monitored experiment in experience rating, involving one industry class, with the aim of reducing accidents, improving the return to work of injured workers and avoiding claims suppression by employers. If, upon conclusion of the experiment and on the basis of empirical evidence and objective analysis, the experience rating system is found not to be effective in achieving its objectives, it should be discontinued. If the experiment succeeds, the approach should be extended to other industry classes following extensive consultation with stakeholders and within a broad framework of principles laid down by the WSIB. [Recommendation 6-3] Funding occupational disease claims Workers who contract certain diseases in the course of their employment are entitled to WSIA benefits. However, the existence of a causal link between working conditions and the disease may be difficult to prove; it often takes many years for the symptoms of certain diseases to become manifest; and because many occupational diseases end in total disability and/or death, claims attributable to diseases tend to be very expensive. For all these reasons, occupational disease claims represent a significant future liability for the WSIB, but the extent of that liability is difficult to estimate. The Funding Review proposes measures to improve the capacity of the WSIB to forecast its potential exposure. The WSIB should re-establish a medical / scientific panel to enable it to identify occupational diseases that should be eligible for compensation under the WSIA, suggest the conditions and/or presumptions that should govern eligibility for compensation, and provide advice that will enable the WSIB to forecast likely future costs attributable to those diseases. The WSIB should closely monitor long-term trends in occupational disease costs and the emergence of new occupational diseases, and make prudent financial provision for future benefit costs. However, it should not establish a special segregated fund to cover the future cost of occupational disease claims. [Recommendation 7-1] SUMMARY Page 9
10 The Review rejects a suggestion that the costs of occupational diseases should be met through the general welfare system or the Ontario Health Insurance Plan [Recommendation 7-2]. Instead, it concludes: The cost of benefits attributable to occupational diseases should normally be charged to the industry class or sectoral group where the claim originated. When a decision is taken to compensate workers who have contracted a new occupational disease a disease not previously recognized or connected with particular workplace conditions the cost of compensation for workers who have already contracted the disease as of that date should be divided between the industry class or sectoral group and all Schedule 1 employers. The cost of benefits for workers who contract the disease after that date should be borne by the industry class or sectoral group alone. The WSIB s present set-aside of $600 million for the future cost of occupational diseases, where exposure has already occurred but claims have not yet been filed, is reasonable. [Recommendation 7-3] Indexation of benefits for partially disabled workers Between 1987 and 1995, the benefits of all injured workers were fully indexed to prevent their value being eroded due to inflation. However, amendments to the WSIA adopted in 1995 and 1998 reduced the extent of indexation available to partially disabled (but not fully disabled) workers. The Review concludes that it is unfair to treat fully and partially disabled workers differently and recommends: The benefits of fully and partially disabled workers should be indexed on the same basis. The WSIA should therefore be amended to restore full indexation of the benefits of partially disabled workers on a going-forward basis. [Recommendation 8-1] The benefit base of workers who received benefits prior to 2006 should be adjusted to partially compensate them for the effects of inflation on their benefits over the years. [Recommendation 8-2] Matters not within the mandate of the Funding Review A number of stakeholder groups took the position that the Funding Review ought to look into important issues that were not within its mandate. While the Review could not consider these issues on the merits or make recommendations relating to them, it did SUMMARY Page 10
11 agree to take note of the views advanced by stakeholders. The report therefore records a range of stakeholder submissions on: the WSIB s reputation and governance, coverage of the insurance scheme, proposed changes in the basic design of the WSIB scheme (including privatization), benefits provided to injured workers, the WSIB s investments, the extent to which different sectors (such as small business) require differential treatment, advocacy in WSIB proceedings and in policy debates, and the impact of the WSIB system on Ontario s social and economic development. Conclusion The report concludes with some brief reflections on the WSIB s need to improve its capacity to collect and analyze important data, conduct systemic research, and engage with stakeholders. SUMMARY Page 11
Rate Framework Reform
Rate Framework Reform Paper 2: Current State Analysis MARCH 2015 WORKPLACE SAFETY AND INSURANCE BOARD MESSAGE FROM THE CHAIR AND PRESIDENT & CEO In recent years, stakeholders, experts and the WSIB have
More informationWorkplace Safety and Insurance Board
Workplace Safety and Insurance Board 2015 Sufficiency Report to Stakeholders Workplace Safety and Insurance Board Commission de la sécurité professionnelle et de l assurance contre les accidents du travail
More informationFUNDING ONTARIO S WORKPLACE SAFETY AND INSURANCE SYSTEM:
FUNDING ONTARIO S WORKPLACE SAFETY AND INSURANCE SYSTEM: A GREEN PAPER FOR PUBLIC DISCUSSION ISSUED BY THE WSIB FUNDING REVIEW H.W. Arthurs Chair Employers want low premium levels while workers want high
More informationWorkplace Safety and Insurance Board
Workplace Safety and Insurance Board 2013 Sufficiency Report to Stakeholders Workplace Safety and Insurance Board Commission de la sécurité professionnelle et de l assurance contre les accidents du travail
More informationThank you for the opportunity to provide feedback on the WSIB s Preliminary Rate Framework Proposal.
WSIB Rate Framework Consultation Ontario Power Generation Submission October 2, 2015 Workplace Safety & Insurance Board Consultation Secretariat 200 Front Street West, 17 th floor Toronto, Ontario M5V
More informationRate Framework Reform
Rate Framework Reform Paper 4: The Unfunded Liability MARCH 2015 WORKPLACE SAFETY AND INSURANCE BOARD MESSAGE FROM THE CHAIR AND PRESIDENT & CEO In recent years, stakeholders, experts and the WSIB have
More informationAdministrative efficiencies at the WSIB continue to be well controlled.
COMMENTARY Overview Overall, the WSIB is experiencing improved financial performance this year. The unfunded liability (UFL) decreased in comparison to expectation. Benefit costs continue to decline, Investment
More informationWorkplace Safety and Insurance Board
Funding Sufficiency Plan June 30, 2013 Workplace Safety and Insurance Board Commission de la sécurité professionnelle et de l assurance contre les accidents du travail Table of Contents Page Description
More informationMeasuring Results. Q Report Strategic Plan. A century of serving Ontario
A century of serving Ontario 1914-2014 2012 2016 Strategic Plan Measuring Results Q4 2014 Report Workplace Safety & Insurance Board Commission de la sécurité professionnelle et de l assurance contre les
More informationTable of Contents Page
1 Table of Contents Page President and CEO s Message... 3 Management s Responsibility for Financial Reporting... 4 Sufficiency Discussion and Analysis... 5 Sufficiency Statement... 12 Notes to Sufficiency
More informationResponse from the Ontario Public Service Employees Union on WSIB Rate Modernization
Response from the Ontario Public Service Employees Union on WSIB Rate Modernization Warren (Smokey) Thomas President Ontario Public Service Employees Union 100 Lesmill Road Toronto, ON M3B 3P8 October
More informationWORKPLACE SAFETY AND INSURANCE BOARD FUNDING POLICY
Policy The Workplace Safety and Insurance Act, 1997 (WSIA) requires the Workplace Safety and Insurance Board (WSIB) to maintain the insurance fund such that the amount in the fund is sufficient to meet
More informationMinisterial Task Force WorksafeNB. Discussion Paper
Ministerial Task Force WorksafeNB Discussion Paper A Discussion Paper The Task Force was announced May 30, 2017 by the Minister of Post Secondary Education Training and Labour (PETL) to review New Brunswick
More informationWorkplace Safety and Insurance Board
Workplace Safety and Insurance Board First Quarter 2016 Report to Stakeholders Workplace Safety and Insurance Board Commission de la sécurité professionnelle et de l assurance contre les accidents du travail
More informationWorkplace Safety and Insurance Board
Sufficiency Plan Annual Update June 18, 2015 Workplace Safety and Insurance Board Commission de la sécurité professionnelle et de l assurance contre les accidents du travail Table of Contents Sections
More informationWorkplace Safety and Insurance Board
Workplace Safety and Insurance Board Second Quarter 2015 Report to Stakeholders Workplace Safety and Insurance Board Commission de la sécurité professionnelle et de l assurance contre les accidents du
More informationFINAL REPORT OF THE CHAIR OF THE OCCUPATIONAL DISEASE ADVISORY PANEL
DOCUMENT E FINAL REPORT OF THE CHAIR OF THE OCCUPATIONAL DISEASE ADVISORY PANEL EXECUTIVE SUMMARY FEBRUARY 2005 1 Introduction This is an executive summary of the Chair s Report. The Report recommends
More informationStrategic Plan: Measuring Results
-2016 Strategic Plan: Measuring Results Report Workplace Safety & Insurance Board Commission de la sécurité professionnelle et de l assurance contre les accidents du travail Published: June 4th, of Current
More informationWORKPLACE SAFETY AND INSURANCE APPEALS TRIBUNAL DECISION NO. 1220/12
WORKPLACE SAFETY AND INSURANCE APPEALS TRIBUNAL DECISION NO. 1220/12 BEFORE: G. Dee : Vice-Chair M.P. Trudeau : Member Representative of Employers R.W. Briggs : Member Representative of Workers HEARING:
More informationStrategic Plan: Measuring Results
-2016 Strategic Plan: Measuring Results Report Workplace Safety & Insurance Board Commission de la sécurité professionnelle et de l assurance contre les accidents du travail Published: July June 26th,
More informationWorkplace Safety and Insurance Board
Sufficiency Plan Annual Update Workplace Safety and Insurance Board Commission de la sécurité professionnelle et de l assurance contre les accidents du travail Table of Contents Sections Page Description
More informationSCHEDULE 2 EMPLOYERS GROUP
SCHEDULE 2 EMPLOYERS GROUP July 7, 2017 Consultation Secretariat Workplace Safety & Insurance Board 200 Front Street West Toronto ON M5V 3J1 Via Email Re: Chronic Mental Stress ( CMS ) Policy Consultation
More informationRate Framework Modernization. The New Rate Framework WORKPLACE SAFETY AND INSURANCE BOARD MARCH 2017
Rate Framework Modernization The New Rate Framework MARCH 2017 WORKPLACE SAFETY AND INSURANCE BOARD Table of Contents INTRODUCTION 3 THE NEW RATE FRAMEWORK S KEY GOALS 4 STEP 1 EMPLOYER CLASSIFICATION
More informationLevel the Playing Field: Investing in Workers to Build a Strong Economy
BCFED SUBMISSION BUDGET 2019 Level the Playing Field: Investing in Workers to Build a Strong Economy Submission to the Select Standing Committee on Finance and Government Services September 2018 BC Federation
More informationThird Quarter Results WORKPLACE SAFETY AND INSURANCE BOARD THIRD QUARTER 2018 RESULTS 1
Third Quarter 2018 Results WORKPLACE SAFETY AND INSURANCE BOARD THIRD QUARTER 2018 RESULTS 1 Here to help When an injury or illness happens on the job, we move quickly to provide wage-loss benefits, medical
More informationWORKPLACE SAFETY AND INSURANCE APPEALS TRIBUNAL DECISION NO. 1147/16
WORKPLACE SAFETY AND INSURANCE APPEALS TRIBUNAL DECISION NO. 1147/16 BEFORE: R. Nairn: Vice-Chair HEARING: April 18, 2016 at Toronto Written DATE OF DECISION: July 14, 2016 NEUTRAL CITATION: 2016 ONWSIAT
More informationWorkplace Safety and Insurance Board
Workplace Safety and Insurance Board Fourth Quarter 2013 Report to Stakeholders Workplace Safety and Insurance Board Commission de la sécurité professionnelle et de l assurance contre les accidents du
More informationNew WSIB Benefits Policies. History of the WSIB s new benefits policies
New WSIB Benefits Policies On October 1st 2014 the WSIB announced that its Board of Directors had approved 8 new benefits policies that will come into effect on November 1, 2014. There will be no more
More informationWORKPLACE SAFETY AND INSURANCE APPEALS TRIBUNAL DECISION NO. 1357/05
Decision No. 1357/05 WORKPLACE SAFETY AND INSURANCE APPEALS TRIBUNAL DECISION NO. 1357/05 BEFORE: S. Martel: Vice-Chair HEARING: July 27, 2005 at Toronto Written Post-hearing activity completed on January
More informationSTRATEGIC PLAN & RISK ASSESSMENT
Let s Make Workplace Injuries a Thing of the Past HEALTHY AND SAFE WORKPLACES IN NEW BRUNSWICK STRATEGIC PLAN & RISK ASSESSMENT 2009-2014 BALANCE. PROTECT. STRENGTHEN. Healthy and Safe Workplaces in New
More informationFirst Quarter Results
First Quarter 2018 Results Here to help When an injury or illness happens on the job, we move quickly to provide wage-loss benefits, medical coverage and help getting back to work. We cover over five million
More informationTHE FUNDING OF JOINTLY-SPONSORED DEFINED BENEFIT PENSION PLANS A CONSULTATION PAPER
THE FUNDING OF JOINTLY-SPONSORED DEFINED BENEFIT PENSION PLANS A CONSULTATION PAPER Ministry Of Finance August, 2005 Queen s Printer for Ontario, 2005 Toronto, Ontario ISBN 0-7794-8765-6 (print) ISBN 0-7794-8766-4
More informationV o l u m e I I C h a p t e r 5. Sections 10 and 11: Limitation of Actions, Elections, Subrogations and Certification to Court
V o l u m e I I C h a p t e r 5 Sections 10 and 11: Limitation of Actions, Elections, Subrogations and Certification to Court Contents Limitation of Actions Against Workers... 5 Exception to Limitation
More informationPublic Accounts of the Province
Public Accounts of the Province 1.0 Summary This year, the audit opinion on the Province s consolidated financial statements is qualified. Based on our audit work, we have concluded that the Province s
More informationThe Voice of the Legal Profession
The Voice of the Legal Profession Expert Panel Review of the Mandates of the Financial Services Commission of Ontario (FSCO), Financial Services Tribunal (FST) & the Deposit Insurance Corporation of Ontario
More informationWORKPLACE SAFETY AND INSURANCE APPEALS TRIBUNAL DECISION NO. 657/15
WORKPLACE SAFETY AND INSURANCE APPEALS TRIBUNAL DECISION NO. 657/15 BEFORE: R. Nairn: Vice-Chair HEARING: April 29, 2016 at Toronto Oral DATE OF DECISION: August 10, 2016 NEUTRAL CITATION: 2016 ONWSIAT
More informationPRICING FAIRNESS: A Deliverable Framework for Fairly Allocating WSIB Insurance Costs
PRICING FAIRNESS: A Deliverable Framework for Fairly Allocating WSIB Insurance Costs Douglas Stanley Special Advisor February 2014 Table of Contents ONE INTRODUCTION 4 TWO CONTEXT FOR CHANGE WHY NOW? 5
More informationAlcohol and Gaming Commission of Ontario Submissions to the Senate Committee on Legal and Constitutional Affairs October 18, 2012
Introduction: Alcohol and Gaming Commission of Ontario Submissions to the Senate Committee on Legal and Constitutional Affairs October 18, 2012 The Standing Senate Committee on Legal and Constitutional
More informationComparative Review of Workers Compensation Systems in Select Jurisdictions
of Workers Compensation Systems in Select Jurisdictions JURISDICTION: YUKON ENVIRONMENT Population Size 33,586 ( June, 1997) Labour Force 15,708 (1996) Demographic and Economic Indicators The economy of
More informationFIVE STEPS TO AN EFFECTIVE JHSC ASSESSMENT RATES
FIVE STEPS TO AN 2018 EFFECTIVE JHSC ASSESSMENT RATES EXECUTIVE SUMMARY determines employers assessment rates annually. Several factors influence rates, such as s current financial obligations, the prevailing
More informationWSIB Policy Agenda
WSIB Policy Agenda 2012-13 Workplace Safety and Insurance Board Commission de la sécurité professionnelle et de l assurance contre les accidents du travail OVERVIEW Beginning in 2012, the Workplace Safety
More informationONTARIO TRIAL LAWYERS ASSOCIATION. OTLA s Submission to the College of Physicians and Surgeons of Ontario (CPSO) Draft Transparency Principles
ONTARIO TRIAL LAWYERS ASSOCIATION OTLA s Submission to the College of Physicians and Surgeons of Ontario (CPSO) Draft Transparency Principles 11/11/2013 The Ontario Trial Lawyers Association (OTLA) was
More informationA comment of the future funding strategy and policy of the Workplace Safety & Insurance Board
A comment of the future funding strategy and policy of the Workplace Safety & Insurance Board to Ontario s employers Presented: March, 2018 A comment of the future funding strategy and policy of the Workplace
More informationNew Experimental Experience Rating (NEER) USER GUIDE
New Experimental Experience Rating (NEER) USER GUIDE This brochure is designed to help you understand the New Experimental Experience Rating (NEER) program. It does not replace the Workplace Safety and
More informationOntario Home Builders Association
Ontario Home Builders Association 20 Upjohn Rd., Suite 101 (416) 443-1545 North York, Ontario Toll Free 1-800-387-0109 M3B 2V9 Fax: (416) 443-9982 www.ohba.ca info@ohba.ca January 8, 2016 Mr. David Marshall
More informationJuly 26, 2016 Page 1 of 10 B 2- MLEMS Action. Financial Statements of MIDDLESEX LONDON EMERGENCY MEDICAL SERVICES AUTHORITY
July 26, 2016 Page 1 of 10 B 2- MLEMS Action Financial Statements of MIDDLESEX LONDON EMERGENCY MEDICAL SERVICES AUTHORITY Year ended December 31, 2015 July 26, 2016 Page 2 of 10 B 2- MLEMS Action INDEPENDENT
More informationOctober 30, Grant Crack, MPP Chair/Président Standing Committee on General Government Room 1405 Whitney Block Queen's Park, Toronto ON M7A 1A2
October 30, 2014 Grant Crack, MPP Chair/Président Standing Committee on General Government Room 1405 Whitney Block Queen's Park, Toronto ON M7A 1A2 Dear Mr. Crack RE: Submissions of the Association of
More informationOntario Business Coalition
Ontario Business Coalition Submission To The Workplace Safety & Insurance Board s Rate Framework Consultation April 2013 Ontario Business Coalition Secretariat 6725 Airport Rd., Ste. 200 Mississauga, Ontario
More informationChallenging Questionable Claims
Challenging Questionable Claims April 16, 2013 Representing Employers on Workplace Safety and Insurance Law 1 Welcome Who we are Representing employers on workplace safety and Insurance Law What is SafeProfit
More informationWhistleblowers Protection Act 2001 Policy and Procedures ABN
Whistleblowers Protection Act 2001 Policy and Procedures ABN 89 066 902 547 Contents 1. Statement of support to whistleblowers... 4 2. Purpose of policy and procedures... 4 3. Objects of the Act... 4 4.
More informationFRAMEWORK FOR OPERATIONAL POLICY DEVELOPMENT AND RENEWAL
FRAMEWORK FOR OPERATIONAL POLICY DEVELOPMENT AND RENEWAL Policy and Consultation Services Workplace Safety and Insurance Board Commission de la sécurité professionnelle et de l assurance contre les accidents
More informationGLOSSARY DEFINITIONS OF STANDARD TERMS FROM THE MEASURING RESULTS REPORT WORKPLACE SAFETY & INSURANCE BOARD
GLOSSARY DEFINITIONS OF STANDARD TERMS FROM THE MEASURING RESULTS REPORT WORKPLACE SAFETY & INSURANCE BOARD PUBLISHED JUNE 2016 Glossary Measure Definition Notes Administrative Expenses per $100 of Insurable
More informationMinistry of Justice: The personal injury discount rate: how it should be set in future
Ministry of Justice: The personal injury discount rate: how it should be set in future The Law Society's response May 2017 2017 The Law Society. All rights reserved. 1 Executive Summary The personal injury
More informationTab No. B-1 TERMS OF REFERENCE FOR THE BOARD
Tab No. B-1 TERMS OF REFERENCE FOR THE BOARD February 11, 2010 1.0 INTRODUCTION AND PURPOSE... 1 2.0 PROCEDURES AND ORGANIZATION... 1 2.1 Delegation to Management... 1 2.2 Board Affairs... 1 2.3 Delegation
More informationREGULATING FINANCIAL PLANNERS AND ADVISORS
REGULATING FINANCIAL PLANNERS AND ADVISORS Response to the Preliminary Policy Recommendations of the Expert Committee to Consider Financial Advisory and Financial Planning Policy Alternatives June 17,
More informationFinancial Services Commission of Ontario. June 2009
Financial Services Commission of Ontario STATEMENT OF PRIORITIES June 2009 Introduction This is the twelfth Statement of Priorities for the Financial Services Commission of Ontario (FSCO). It provides
More informationSUMMARY. Stress, mental; Board Directives and Guidelines (psychotraumatic disability); Board policies (applicability of Board policy).
SUMMARY DECISION NO. 25/98I Stress, mental; Board Directives and Guidelines (psychotraumatic disability); Board policies (applicability of Board policy). The worker appealed a decision of the Appeals Officer
More informationService Plan 2002/2005
Crown Agencies Secretariat Service Plan 2002/2005 Crown Agencies Secretariat For more information on the Crown Agencies Secretariat, contact: PO BOX 9300 STN PROV GOVT VICTORIA, BC V8W 9N2 or visit the
More informationReport to Committee of the Whole November 18, 2013
Report to Committee of the Whole November 18, SUBJECT: ORIGINATOR: - Audited Financial Statements This report was prepared by Jayne Herring, Manager of Corporate Services, on behalf of Trustee Kathi Smith,
More informationHIGHLIGHTS. Introduction. Keeping ACC public, fair and transparent. New Zealand Labour Party Manifesto 2017
HIGHLIGHTS Maintain ACC as a publicly administered and delivered social insurance scheme which provides comprehensive and universal personal injury coverage for all New Zealanders Make the ACC system fairer
More informationInterplay between Occupational and Non-Occupational Disability cases. Rob Boswell
Interplay between Occupational and Non-Occupational Disability cases Rob Boswell Schedule 2 Employers Group Conference 8 October 2013 What to expect for the next 2 hours A review of the right to sue provisions
More informationTentative Agreement Q&A Part 2 of 3
Tentative Agreement Q&A Part 2 of 3 Jointly Sponsored Pension Plan (JSPP) JOINTLY SPONSORED PENSION PLAN (JSPP) Key Pension Features: Our pension provides a guaranteed income after our working years. Our
More informationWORKPLACE SAFETY AND INSURANCE APPEALS TRIBUNAL DECISION NO. 361/07
WORKPLACE SAFETY AND INSURANCE APPEALS TRIBUNAL DECISION NO. 361/07 BEFORE: S. Peckover: Vice-Chair HEARING: April 16, 2007 at Toronto Written DATE OF DECISION: June 8, 2007 NEUTRAL CITATION: 2007 ONWSIAT
More informationCPA Ontario Public Sector Accounting Symposium Wednesday, June 20, 2018
CPA Ontario Public Sector Accounting Symposium Wednesday, June 20, 2018 Bonnie Lysyk, MBA, FCPA, FCA, LPA Auditor General of Ontario 2018-07-11 Overview About the Office of the Auditor General 2017 Annual
More informationCompensability of Psychological Injury WCB Program Policy Consultation
Compensability of Psychological Injury WCB Program Policy Consultation Objectives Today Objectives WCB Policy Consultation The Current Framework for Adjudicating Stress Proposed Policy: Psychological Injuries
More informationWCB-Alberta. Premium Rate Guide
WCB-Alberta Premium Rate Guide Rate setting overview Employers pay premiums to fund workers compensation insurance. WCB-Alberta (WCB) determines premium requirements annually based on the best estimates
More informationCANADA ONTARIO LABOUR MARKET DEVELOPMENT AGREEMENT
CANADA ONTARIO LABOUR MARKET DEVELOPMENT AGREEMENT November 2005 CANADA ONTARIO LABOUR MARKET DEVELOPMENT AGREEMENT TABLE OF CONTENTS Recitals 3 1. Interpretation 4 2. Purpose and Scope 6 3. Ontario Benefits
More informationScience and Information Resources Division
MINISTRY OF NATURAL RESOURCES Science and Information Resources Division The mandate of the Ministry of Natural Resources is to achieve the sustainable development of the province s natural resources,
More informationThe WCB s Funding Policy:
Discussion Paper The WCB s Funding Policy The WCB s Funding Policy: Recommended Changes to the WCB s Funding Policy & Call for Feedback Page 1 A. Introduction/Abstract The purpose of this discussion paper
More informationCOMPENSATION FUND (YUKON) FINANCIAL STATEMENTS. December 31, 2014
COMPENSATION FUND (YUKON) FINANCIAL STATEMENTS December 31, 2014 325 This page intentionally left blank. 326 Yukon Workers' Compensation Health and Safety Board Management Discussion and Analysis This
More informationDue Diligence and Accident/Incident Investigations Bills 9 and 35
Due Diligence and Accident/Incident Investigations Bills 9 and 35 Presented by: Tom McKenna, National Representative, WCB Advocacy January 19, 2016 The information is not legal advice. This information
More informationJoint Business Association response to report prepared by Paul Petrie:
Joint Business Association response to report prepared by Paul Petrie: Restoring the Balance: A Worker-Centered Approach to Workers Compensation Policy Prepared for: Hon. Harry Bains, Minister of Labour
More informationOversight Committee Mandate: Audit and Finance Committee
Oversight Committee Mandate: Audit and Finance Committee 1 1. PURPOSE The Audit and Finance Committee (the AFC) assists the Board of Directors (the BOD) in fulfilling its responsibilities with respect
More informationReport of the Auditor General of Alberta
Report of the Auditor General of Alberta OCTOBER 2016 Mr. David Shepherd, MLA Chair Standing Committee on Legislative Offices I am honoured to send my Report of the Auditor General of Alberta October
More informationPublic Safety Canada Evaluation of the Workers Compensation Program
Public Safety Canada 2015-2016 Evaluation of the Workers Compensation Program Final Report 2016-03-17 TABLE OF CONTENTS EXECUTIVE SUMMARY... i 1. INTRODUCTION... 1 2. PROFILE... 1 2.1 Background... 1 2.2
More informationSpecial Needs Planning
LAW OFFICES OF (RTE 28), SUITE 101 CENTERVILLE, MASSACHUSETTS 02632-3021 Visit our website: www.boydandboydpc.com F. KEATS BOYD, JR. Tel. (508) 775-7800 F. KEATS BOYD, III Fax. (508) 775-5666 Special Needs
More informationFinancial Services Commission of Ontario STATEMENT OF PRIORITIES. June 2010
Financial Services Commission of Ontario STATEMENT OF PRIORITIES June 2010 Introduction The Financial Services Commission of Ontario (FSCO) is a regulatory agency established under the Financial Services
More informationNational Housing and Homelessness Network
For immediate release February 23, 2004 On eve of Toronto Mayor s housing summit: New report card from NHHN shows that the feds, province and city have only delivered tiny fraction of new homes they promised
More informationTHE CORPORATION OF THE CITY OF SAULT STE. MARIE
Consolidated Financial Statements of THE CORPORATION OF THE CITY OF SAULT STE. MARIE Consolidated Financial Statements Page Management s Responsibility for the Consolidated Financial Statements... 1 Independent
More informationFinancial Statements of MIDDLESEX LONDON EMERGENCY MEDICAL SERVICES AUTHORITY
Financial Statements of MIDDLESEX LONDON EMERGENCY MEDICAL SERVICES AUTHORITY Year ended December 31, 2014 ABCD KPMG LLP 140 Fullarton Street Suite 1400 PO Box 2305 London ON N6A 5P2 Canada Telephone (519)
More informationShaw v. Healthcare of Ontario Pension Plan, [2012] ONSC 3499 (Ont. Sup. Ct.) - Bonus Not Regular and Thus Not Pensionable
Volume 22, No. 1 - September 2012 Pensions and Benefits Section CASE LAW UPDATE Prepared by Lesha Van Der Bij of Osler, Hoskin & Harcourt LLP Bennett v. Sears Canada Inc., [2012] ONCA 344 (Ont. C.A.) -
More informationREPORT OF THE CONSULTATIVE COMMITTEE ON SUPERANNUATION TO THE MINISTER OF FINANCE
REPORT OF THE CONSULTATIVE COMMITTEE ON SUPERANNUATION TO THE MINISTER OF FINANCE CHAPTER 1 - INTRODUCTION AND SUMMARY 1.1 Announcement of Government Policy and Formation of Consultative Committee On 17
More informationReport to Committee of the Whole November 17, 2014
Report to Committee of the Whole November 17, Inspired Learners Tomorrow s Leaders SUBJECT: ORIGINATOR: - Audited Financial Statements This report was prepared by Jayne Herring, Manager of Corporate Services,
More informationThe UNIVERSITY of WESTERN ONTARIO
The UNIVERSITY of WESTERN ONTARIO Position Title: Board Member, Academic and Administrative Staff Pension Boards Reports to: Board of Governors and Pension Plan Members Date: December 2017 GENERAL OVERVIEW:
More informationBenefits. Long-Term Disability KPERS. Kansas Public Employees Retirement System. Summary Plan Description GLD 2006
Long-Term Disability Benefits Kansas Public Employees Retirement System Summary Plan Description GLD 2006 KPERS 2 Plan Sponsor Kansas Public Employees Retirement System 611 S. Kansas Ave., Suite 100 Topeka,
More informationthe guide to Special Needs Planning Colin Meeks, CFP MarylandFinancialAdvocates.com
the guide to Special Needs Planning Colin Meeks, CFP MarylandFinancialAdvocates.com 410-663-0700 The Guide to Special Needs Planning Planning for Your Child with Special Needs 2014 Academy of Special Needs
More informationA Member s Guide to Long Term Disability LTD
A Member s Guide to Long Term Disability LTD Elementary Teachers Federation of Ontario January 2012 Long Term Disability Whatever entitlement to benefits you have is based on the language of the Long Term
More informationSubmission to The Ministry of Finance. Responding to the Report of the Expert Commission on Pensions
Submission to The Ministry of Finance Responding to the Report of the Expert Commission on Pensions by the Ontario Federation of Labour February 2009 Introduction The Ontario Federation of Labour (OFL)
More informationWe Need Chapter 14 And We Need Title II
CHAPTER 16 We Need Chapter 14 And We Need Title II Michael S. Helfer A number of thoughtful commentators have proposed that Congress amend the Bankruptcy Code to add a new chapter generally referred to
More informationPre-Budget Consultation Submission to the Ministry of Finance
Kitchener, January 31 st, 2014 The Honorable Charles Sousa Minister of Finance Government of Ontario c/o Budget Secretariat Submitted by email: submissions@ontario.ca Pre-Budget Consultation Submission
More informationFigure 1: Status of Actions Recommended in November 2015 Committee Report
Chapter 3 Section 3.03 Financial Services Commission of Ontario Pension Plan and Financial Service Regulatory Oversight Standing Committee on Public Accounts Follow-Up on Section 3.03, 2014 Annual Report
More informationONTARIO TRIAL LAWYERS ASSOCIATION (OTLA) OTLA s Submission to the Review of FSCO s Dispute Resolution Services
ONTARIO TRIAL LAWYERS ASSOCIATION (OTLA) OTLA s Submission to the Review of FSCO s Dispute Resolution Services 9/20/2013 The Ontario Trial Lawyers Association (OTLA) was formed in 1991 by lawyers acting
More informationWORKPLACE SAFETY AND INSURANCE APPEALS TRIBUNAL
2005 ONWSIAT 2583 WORKPLACE SAFETY AND INSURANCE APPEALS TRIBUNAL DECISION NO. 1767/05 [1] This appeal was considered by means of written submissions on October 28, 2004, by Tribunal Vice-Chair R. Nairn.
More informationFINANCIAL PLANNING AND BUDGETING - CENTRAL GOVERNMENT AND DEPARTMENTS
42 FINANCIAL PLANNING AND BUDGETING - CENTRAL GOVERNMENT AND DEPARTMENTS. FINANCIAL PLANNING AND BUDGETING - CENTRAL GOVERNMENT AND DEPARTMENTS BACKGROUND.1 This Chapter describes the results of our government-wide
More informationPROGRAM YEAR MEMORANDUM OF COVERAGE WORKERS COMPENSATION
PROGRAM YEAR 2018-2019 MEMORANDUM OF COVERAGE WORKERS COMPENSATION REDWOOD EMPIRE MUNICIPAL INSURANCE FUND MEMORANDUM OF COVERAGE FOR WORKERS' COMPENSATION & EMPLOYER S LIABILITY INTRODUCTION In return
More informationBEST PRACTICES IN OCCUPATIONAL HEALTH, SAFETY, WORKERS COMPENSATION AND CLAIMS MANAGEMENT FOR EMPLOYERS
BEST PRACTICES IN OCCUPATIONAL HEALTH, SAFETY, WORKERS COMPENSATION AND CLAIMS MANAGEMENT FOR EMPLOYERS BEST PRACTICES IN OCCUPATIONAL HEALTH, SAFETY, WORKERS COMPENSATION AND CLAIMS MANAGEMENT FOR EMPLOYERS
More informationGovernance of WorkSafeNB
Legislative Review of Workers Compensation Governance of WorkSafeNB Discussion Paper May 2015 Discussion Paper May 2015 Published by: Province of New Brunswick P.O. Box 6000 Fredericton NB E3B 5H1 CANADA
More informationOctober 2, Dear Minister Morneau, Re: Tax Planning Using Private Corporations
October 2, 2017 The Honourable Bill Morneau, Minister of Finance Department of Finance Canada 90 Eglin Street Ottawa, Ontario K1A 0G5 Fin.consultation.fin@canada.ca Dear Minister Morneau, Re: Tax Planning
More informationthe guide to Special Needs Planning Planner/Attorney Name Name Firm Name Firm Name
the guide to Special Needs Planning Planner/Attorney Name Name Firm Name Firm Name The Guide to Special Needs Planning Planning for Your Child with Special Needs The best interest of all family members
More informationAudited Financial Statements
May 10, 2017 Audited Financial Statements Independent Auditor s Report To the Members of Infrastructure Health & Safety Association We have audited the accompanying financial statements of Infrastructure
More information