A-3.001, r. 7 - Regulation respecting financing

Section 59 Disposition versions

2012-09-01

59. The Commission determines the first-level experience index by applying the following formula, which takes into account an adjustment factor determined by the Commission after an actuarial valuation in order to take into account the corrections made to the personalized rate of the employers that qualify for that rate:

                                sum of first-level 
                               retained compensation 
                              cost for every industrial 
                              accident and occupational 
                              disease reported in the 
                            first-level reference period


        first-level             ____________________            employer’s
        experience        =                             x       first-level 
        index                                                 adjustment factor
                                 sum of first-level 
                                expected compensation 
                                  cost determined in 
                                   accordance with 
                              section 45 for all units 
                               in which the employer 
                                is classified or deemed 
                              classified for the assessment 
                                year, in accordance with 
                                       section 48    

Decision 2010-11-18, s. 59.