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WHSCC Employer Assessment Rate Advisory for 2013
Tuesday, October 30, 2012


The Workplace Health, Safety and Compensation Commission (the Commission) announced today that the average assessment rate for employers in the province will remain at $2.75 per $100 of payroll for 2013 while the maximum compensable and assessable earnings limit will increase to $54,155. The average assessment rate will continue to include a $0.25 surcharge to address the unfunded liability of the injury fund.

Approximately 60 per cent of employers will see a decrease in their assessment rates in 2013, while 40 per cent will remain the same or experience a slight increase.

The average annual assessment rate has not increased since 2000 and has remained stable at $2.75 since 2006. Since 2000, the Commission’s funded position has improved from 65.2 per cent to 91.8 per cent at the end of 2011.

Assessment rates are premiums paid by employers to cover anticipated costs of workplace injuries, return-to-work programs, prevention initiatives and the cost of administering the workers’ compensation system. The increase in maximum compensable earnings reflects a 2.4 per cent increase in the consumer price index (CPI).  Any injured worker whose pre-injury earnings are at or above the new maximum compensable limit will be compensated based on the new limit effective January 1, 2013.  

Notification of individual employer assessment rates for the upcoming year will be mailed to employers starting today.  A complete listing of the Classification of Industries and Assessment Rates - 2013 can be found in the publications section of the Commission’s website or by clicking here.

Serving approximately 12,000 injured workers and more than 18,500 employers, the Commission is an employer-funded, no fault insurance system that promotes safe and healthy workplaces, provides return-to-work programs and offers fair compensation to injured workers and their dependants. 


FOR FURTHER INFORMATION, PLEASE CONTACT:
Chris Flanagan
Director of Communications
Workplace Health, Safety and Compensation Commission
Telephone: 709-778-1590 or 709-728-7869 

Workplace Health, Safety and Compensation Commission
146-148 Forest Road •  St. John’s • NL  • A1A 3B8
Telephone (709) 778-1000 •1-800-563-9000
www.whscc.nl.ca


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