May 4: MOL Response to Final Report on Workers’ Comp Reform

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In response to the release of the final report from the Arthurs Commission on the WSIB, the MOL said that it would establish a new regulation under the Workplace Safety and Insurance Act to require the WSIB’s insurance fund to reach a sufficiency of 60% funding in 2017, 80% in 2022 and a full 100% by 2027. It will also increase benefits to injured workers on partial disability by 0.5% in 2013 and another 0.5% in 2014.