A-3.001, r. 7 - Regulation respecting financing

Section 87 Disposition versions

2012-09-01

87. An employer qualifies for retrospective adjustment of its annual assessment as provided for in section 314 of the Act for an assessment year if the product obtained by multiplying the insurable wages paid to the employer’s workers during the year prior to the year preceding the assessment year with respect to the unit in which the employer is classified for the prior year by that unit rate according to risk for the prior year, is equal to or greater than the qualifying threshold determined in accordance with section 93 for the year prior to the year preceding the assessment year.

In this Division, “unit rate according to risk” means that portion of the general unit rate that corresponds to the financial requirements that the Commission apportions according to risk at the time the rate is fixed under section 304 of the Act.

For the purposes of this Division, the insurable wages paid with respect to the unit include the wages of auxiliary workers, as apportioned by the Commission in accordance with section 26 with respect to that unit.

Decision 2010-11-18, s. 87.