Effective date: January 1, 2023
Application: Applies to all employers.
Policy subject: Employer payroll and premiums
Purpose:
To establish the maximum assessable wage rate for 2022.
Section 137(2) of The Workers’ Compensation Act, 2013 directs the Workers’ Compensation Board to set a maximum assessable wage rate for each year.
Effective January 1, 2023, the board members have determined that the maximum assessable wage rate will be $96,945 per worker per calendar year.
The Workers’ Compensation Act, 2013
Sections 37, 137(2), 182