WSIB’s Rate Framework Reform
The countdown continues.
There are two new policies that give effect to the RF changes and replace policies that will become redundant in the new system. The first is Policy 14-02-01 Employer Level Premium Rate Setting and the second is Policy 14-02-06 Employer Premium Adjustments. The WSIB made these policies available in advance to assist employers in understanding and preparing for the RF. This white paper is the second part in the series of updates and insights to assist Schedule 1 employers with the transition to the new WSIB Rate Framework.
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