A-3.001, r. 7 - Regulation respecting financing

Section 71 Disposition versions

2012-09-01

71. Where an employer qualifies for retrospective adjustment of its annual assessment for the assessment year in accordance with Chapter III of this Title, the Commission, before performing the calculation set out in section 67, adjusts the portions of the employer’s personalized rate that correspond to the first- and second-level personalized rates according to risk determined under sections 68 and 69 and the uniform fixed rate referred to in section 70, by taking into account the adjustment factor applicable to each rate determined by the Commission after an actuarial valuation to ensure equitable apportionment of assessments between those employers who qualify for retrospective adjustment of their annual assessments and those who do not so qualify, and to take into account the surpluses or deficits already considered in retrospective adjustments for prior years, by applying the following formulas:

                                   employer’s adjustment factor for 
first-level personalized           the first-level unit rate according to 
rate according to risk       x     risk, determined by the Commission 
                                   after actuarial valuation

second-level                       employer’s adjustment factor for 
personalized rate                  the second-level unit rate according to 
according to risk            x     risk, determined by the Commission 
                                   after actuarial valuation 

                                   employer’s adjustment factor for 
uniform fixed rate           x     the uniform fixed rate, determined by the 
                                   Commission after actuarial valuation    

Decision 2010-11-18, s. 71.