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Message from the Board Chair
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funded isposition Our Board2016 of Directors committed to is up from % five to ensure a disciplined, long-term approach years ago continued success and financial sustainability of the provincial workers’ compensation system. I am pleased to report that, by using this : approach, the Injury Fund remains fully-funded at •131.6 per cent and the , injury rate remains the• lowest it has , ever been at 1.5 lost-time • incidents per 100 workers. Workers and employers can be assured that our Injury • is sustainable and managed in a fiscally Fund • responsible manner. • In November 2017, we announced that the average base assessment rate for employers would, be lowered from $2.06 to $1.90 per . $100 of assessable payroll in 2018. We also confirmed that the maximum , compensable and assessable earnings will increase to $64,375,, continuing to be the highest ,in Atlantic Canada. These changes benefit both . employers and injured workers in,theCprovince.
XX% decline in young worker injury rate (historic low) 2007-201
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, Helping workers go home safely at the end . of the workday continues to be a focus for WorkplaceNL. We will continue to implement . policies and . programs that address ongoing , and emerging challenges, including modernizing our policies on how we, help prevent, and , provide compensation for, work-related , mental health issues. I would like. to thank our partners in the , workplace health, safety and compensation system including:. safety sector councils, employer and labour organizations, and the , board directors, management and staffCof . WorkplaceNL for their ongoing commitment to workers . and employers in our province. . C , , , .
John Peddle, ICD.D . Chair, Board of Directors, WorkplaceNL
XX% fewer soft-tissue injuries 2007-201
XX% decline in occupational illness 2007-201
WorkplaceNL - Annual Performance Report - 2017
