The Workers Compensation Board (WCB) of Manitoba has more of your money than it needs, in part because of higher than expected returns on investment. CFIB is fighting for an automatic refund to employers whenever the surplus rise above its 130% targeted funding ratio.
Victories! WCB listens and rebates over $180 back to employers over three years
- On April 22nd, 2021, WCB announced an additional $71 million rebate of the surplus back to employers in 2021. This means employers will receive a 40 per cent rebate (credit) of their previous year’s premiums paid.
- On April 21st, 2020, WCB announced an additional $37 million rebate of the surplus back to employers in 2020. This means employers will receive a 20 per cent rebate (credit) of their previous year’s premiums paid.
- On May 3rd, 2019, WCB announced a $74 million rebate of the surplus back to employers in 2019, while continuing to have the lowest average assessment rate in Canada ($0.95 per $100 of accessible earnings). This means employers will receive a 40 per cent rebate (credit) of their previous year’s premiums paid.