Employers to get break on WorkSafeNB premiums in 2021 - News Summed Up

Employers to get break on WorkSafeNB premiums in 2021


New Brunswick employers are expected to get a break on the premiums they pay to cover benefits for injured workers next year, says the head of WorkSafeNB. The lost-time injury frequency rate for assessed employers is 1.0, for self-insured employers it's 2.3, and for all employers combined, it's 1.2. The accident fund's funded ratio improved to 105.1 per cent in 2019, from 85.3 per cent in 2018. 3 board vacanciesThe projected average assessment rate for 2021 is "just guidance" for employers for now, said Jones. Small businesses, with three to 12 full-time employees, represent about 81 per cent of the employers.


Source: CBC News August 05, 2020 15:56 UTC



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