A-3.001, r. 7 - Regulation respecting financing

Section 105 Disposition versions

2012-09-01

105. The insurance premium used for the purposes of the calculation in section 104 is a percentage established using the table in Schedule 7. The percentage is determined by taking into account the amount of the risk-related portion of the assessment for the assessment year and the assumption limit for the cost of benefits applicable to the employer for that year.

The amount of the risk-related portion of the assessment is obtained by applying the following formula:

amount of an         insurable wages paid               risk-related portion
employer’s           to the employer’s workers          of the rate
risk-related    =    during the assessment year    x    applicable to the
portion of                                              employer for that
the assessment                                          year pursuant to
for an                                                  section 305 of
assessment year                                         the Act    

Decision 2010-11-18, s. 105.