Application 1: General

1. How does the WCB adjust for a surplus or a deficit when funding Safety Association Grants?

Any revenue surplus or deficit which results from the balancing of revenues with grants will be eliminated through adjustment of members' premium rate levies in future years.

2. Do any interest charges apply to funding for Safety Association Grants?

The WCB will not charge interest to a safety association on grant disbursements.  Neither will the WCB pay or charge interest for surpluses or deficits which may arise through the grant recovery process.

3. What are the terms and conditions for a Safety Association Grant?

Applicants for Safety Association Grants must agree to standard terms and conditions.  These identify requirements and deadlines for information needed by the WCB.  The WCB has a responsibility to ensure that the money collected and disbursed to the Safety Association is achieving the intended purpose.  The terms and conditions will address the following points:

• financial reporting requirements and deadlines
• content of business plan for continued funding and deadline for submission
• worker participation in the Safety Association
• evaluation of Safety Association performance
• industry support
• sharing of resources.

4. How long do Safety Association Grants remain in effect? 

The funding period depends on the terms and conditions of individual grants.  However, WCB approval is required for each funding year.

5. When is this policy application effective?

This policy application is effective June 1, 1998, except when noted otherwise in specific policy sections.