Recent changes to the Policies and Information Manual

Date of distribution: January 5, 2017

TRANSMITTAL SHEETNo: 01-2017      January 5, 2017

WHAT'S CHANGED (Please read the policy documents for complete information).

Please note that policy changes since the last issue are indicated by shaded text or shading in the left margin.

  • Policy 01-04, Investment Policy
    As part of the annual review of the policy, the Board of Directors has approved an administrative amendment to Application 4.
    Application 4, Permitted Investments and Constraints
    • An administrative update has been made in Question 4 to revise the language around the use of derivatives (futures and forwards) to distinguish the different counterparty risks for the two types of derivatives.
  • 2017 Cost of Living Adjustment (COLA)
    A number of policies have been revised to reflect the 0.84 per cent COLA that is effective January 1, 2017. These policies are 04-01 - Addenda A and B, 04-04 - Addendum A, 04-07 – Addendum B, 04-08 - Addenda A and B, 04-10 - Addendum A, 05-02 - Addendum A, and Appendix F.
    Note: The maximum allowable amount for burial, cremation, and memorial expenses (Policy 04-08, Addendum A) has also been increased effective January 1, 2017, using the methodology approved by the Board of Directors.
    Also included are the 2017 Compensation Tables (Appendix E).
  • Policy 04-07, Addendum A – Clothing Allowance
    The clothing allowance amounts for all six categories have been increased effective January 1, 2017, in accordance with the formula approved by the Board of Directors.
  • Policy 04-10, Application 3 and Addendum B – Housekeeping Allowance
    Since the Housekeeping Allowance was introduced in December 2013, it became apparent that many of the seriously injured workers eligible for the allowance also have difficulty with some medium-level housekeeping tasks that were not originally included in the allowance. The Housekeeping Allowance has been amended to include those tasks and the allowance rate has been adjusted accordingly, effective January 1, 2017.
  • Table of Contents – The table of contents has been updated.

Complete list of changed documents

Document Old New
Table of Contents Table of Contents Table of Contents
(issue date January 5, 2017)
Policy 01-04, Investment Policy Entire Document Policy 01-04, Part I
(issue date January 5, 2017)
Policy 01-04, Part II, Application 1
(issue date January 5, 2017)
Policy 01-04, Part II, Application 2
(issue date January 5, 2017)
Policy 01-04, Part II, Application 3
(issue date January 5, 2017)
Policy 01-04, Part II, Application 4
(issue date January 5, 2017)
Policy 01-04, Part II, Application 5
(issue date January 5, 2017)
Policy 01-04, Part II, Application 6
(issue date January 5, 2017)
Policy 01-04, Part II, Application 7
(issue date January 5, 2017)
Policy 01-04, Part II, Addendum A
(issue date January 5, 2017)
Policy 04-01, Establishing Net Earnings Part II, Addendum A Policy 04-01, Part II, Addendum A
(issue date January 5, 2017)
Policy 04-01, Establishing Net Earnings Part II, Addendum B Policy 04-01, Part II, Addendum B
(issue date January 5, 2017)
Policy 04-04, Permanent Disability Part II, Addendum A Policy 04-04, Part II, Addendum A
(issue date January 5, 2017)
Policy 04-07, Services for Workers with Severe Injuries Part II, Addendum A Policy 04-07, Part II, Addendum A
(issue date January 5, 2017)
Policy 04-07, Services for Workers with Severe Injuries Part II, Addendum B Policy 04-07, Part II, Addendum B
(issue date January 5, 2017)
Policy 04-08, Fatalities Part II, Addendum A Policy 04-08, Part II, Addendum A
(issue date January 5, 2017)
Policy 04-08, Fatalities Part II, Addendum B Policy 04-08, Part II, Addendum B
(issue date January 5, 2017)
Policy 04-10, Other Home Services Part II, Application 3 Policy 04-10, Part II, Application 3
(issue date January 5, 2017)
Policy 04-10, Other Home Services Part II, Addendum A Policy 04-10, Part II, Addendum A
(issue date January 5, 2017)
Policy 04-10, Other Home Services Part II, Addendum B Policy 04-10, Part II, Addendum B
(issue date January 5, 2017)
Policy 05-02, Cost Relief Part II, Addendum A Policy 05-02, Part II, Addendum A
(issue date January 5, 2017)
Appendix E, Compensation Tables Entire Document (issue date January 5, 2017)
Appendix F, Minimum Permanent Disability Awards & Dependants' Pensions, With Cost-of-Living Adjustments (COLA), Minimum Personal Coverage, & Maximum Annual Insurable Earnings Entire Document Appendix F
(issue date January 5, 2017)

2017 Policy Transmittals