Section #: 
31.05.30
Effective date: 
Friday, May 3, 2019
Last update: 
Friday, May 3, 2019

 

Policy Purpose

The WCB has a funding ratio target of 130 per cent as articulated in WCB Policy 31.05, Funding Policy.

This policy establishes the rules and outlines the process for the allocation of surplus distibution amounts in years when the WCB's funded position rises above the 130 per cent target. The guiding principles are fairness, administrative efficiency, and ease of undertanding.