A-3.001, r. 7 - Regulation respecting financing

Section 60 Disposition versions

2012-09-01

60. The Commission determines the second-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 second-level 
                              retained compensation 
                             cost for every industrial 
                             accident and occupational 
                              disease reported in the 
                            second-level reference period


       second-level             ____________________             employer’s 
       experience            =                        x          second-level 
       index                                                   adjustment factor 
                               sum of second-level 
                               expected compensation 
                                cost determined in 
                             accordance with section 57 
                             for all units in which the 
                             employer is classified or 
                              deemed classified for the 
                                assessment year, in 
                            accordance with that section    

Decision 2010-11-18, s. 60.