Effective date: December 1, 2014
Application: Applies to all new injury claims on or after the effective date.
Policy subject: Employer accounts – Claims costs adjustments and cost relief
To establish guidelines for the Disaster Reserve.
The WCB claims computer system will transfer costs 10 times above the maximum wage rate at the time of injury to the Disaster Reserve.
Information Technology Services (ITS) and Operations staff will find and link claims caused by the same incident. The computer system will transfer costs 20 times above the maximum wage rate at the time of injury to the Disaster Reserve.
(1) POL 10/1999, Disaster and Occupational Disease Reserve (effective February 1, 1999 to November 30, 2014).
(2) Board Order 74/80, Application of the Disaster Reserve Fund (effective January 1, 1979).
(3) Board Order 08/73, Disaster Reserve Fund (effective January 1, 1973).
(4) Board Order 43/70, Disaster Reserve (effective December 3, 1970).
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