WSCB announces 2027 industry assessment rates
WSCB announces 2027 industry assessment rates
Workers’ Safety and Compensation Board (WSCB) announces the 2027 assessment rates, industry classifications and maximum annual earnings rates.
Assessment rates and industry classifications
Assessment rates for 2027 will decrease across all rate groups with no industry reclassifications.
The WSCB funding policy requires the board to maintain a funded position between 121 and 129 per cent of total liabilities. This is designed to keep employer rates stable, protect the Compensation Fund from catastrophic events, and provide benefits to injured workers both now and well into the future. At the end of 2025, the funded position was 156 per cent, up from 138 per cent at the end of 2024.
Today’s rate decrease, in combination with the $10 million rebate announced this spring, will help return the funded position to the target range.
Maximum annual earnings
The board announced that the maximum annual earnings rate for 2027 will be $111,580. Employers will receive an email outlining their specific rate details later this fall.
Visit our website for more information on any of these announcements.
Quotes
I am pleased to announce rate reductions across all industries. This reflects our steadfast management of the compensation fund and the important steps that Yukoners are taking to make their workplaces safer.
- Board of Directors Chair, Kurt Dieckmann
At the Board, we are seeing fewer workers injured on the job, and that reflects the growing safety culture throughout the Yukon. Together, we can continue to reduce workplace injuries and keep each other safe.
- President/CEO, Catherine Jones
2027 Industry Classifications and Assessment Rates
Related information
- Assessment rates and industry classifications
- Maximum annual earnings
- Workers’ Safety and Compensation Board announces $10 million rebate
Contact
Erin DixonCommunications Analyst
Workers’ Safety and Compensation Board
Phone: 867-336-0378
Email: [email protected]