WSIB premium rates are made up of three components:
- Costs of new injuries and illnesses
- Overhead charge
- Unfunded liability amortization charge
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Premium Information
The premiums you pay for workplace safety insurance are used to pay benefits to workers who are injured or become ill in the workplace. So preventing injuries and getting injured workers back to work quickly reduces costs for everyone.
Premium Rates
2010 Premium Rates
2009 Premium Rates
2008 Premium Rates
2007 Premium Rates
2006 Premium Rates
2005 Premium Rates
2004 Premium Rates
2003 Premium Rates
2002 Premium Rates
2001 Premium Rates
Premium Rate Manuals
The
Employer Classification Manual (ECM)
contains additional information on your Rate Group.
The
Funding Framework
(405k, pdf)
provides the basis for premium-rate setting.
FAQs
How do I sign up and log in to your new eService - Calculate and Report Premium?
How much will I pay in WSIB premiums and why do they change?
How can I reduce my premium costs?
Is my payment effective immediately?
How often do I make payments?
When do I need to file a Year-End Reconciliation?
Why would the WSIB make changes to my account?
What payment methods can I use?
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