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Maximum Assessable Earnings
Employers report workers’ earnings to the WCB which the WCB uses to determine assessments. The amount that employers report, per worker, is subject to a cap or maximum assessable earnings level. You will not be charged an assessment on the portion of a worker’s earnings that exceed the maximum assessable earnings.
Year
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Maximum Assessable Earnings per Worker
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2009
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$83,000
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2010
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$89,000
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The maximum assessable earnings level does not apply to the Personal/Special Coverage available for purchase for sole proprietors, partners or directors.
Wage loss benefits payable to injured workers are not limited by the maximum assessable earnings level.
Example of how to apply the maximum assessable earnings level:
A firm will have two workers in 2010. One worker will earn $95,000 and the other will earn $50,000. The 2010 maximum assessable earnings per worker is $89,000.
· The employer’s gross workers earnings are $145,000.
$95,000 +$ 50,000 = $145,000
· The employer’s assessable workers earnings are $139,000.
$89,000 +$ 50,000 = $139,000
$139,000 is the amount the WCB will use to determine the employer’s assessment.
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