The Workers Compensation Board of Manitoba (WCB) is distributing surplus funds to employers whose premiums fund the workers compensation system.
Board Colin S. Robinson said in a media release today, “Strong investment returns, prudent financial management, and a stable reserve fund have allowed us to return $122 million to employers. This distribution will support the Manitoba economy and offer employers the opportunity to reinvest in safer workplaces.”
This month, eligible employers will receive a credit equivalent to 50 per cent of their 2024 premium. To qualify for the refund credit, employers must have fulfilled their 2024 payroll reporting responsibilities and owed a WCB premium. Employers who have not yet reported their 2024 payroll can still submit their information to receive the surplus distribution.
For more information, visit Workers Compensation Board of Manitoba.
