A recent Toronto Star article described how a WSIB coding error in calculating the cost-of-living adjustment (COLA), went unnoticed for 20 years, shortchanging more than 100,000 injured workers of $42 million. ONIWG’s letter to Minister Monte McNaughton details another situation where the Board is making a significant error in calculating the annual cost of living increase. In 2006 the Board changed its methods of calculating the increase, in a manner contrary to s. 49(1) of the Workplace Safety and Insurance Act. The rapidly increasing inflation in the years 2021 and 2022 have highlighted how the Board’s method of indexing results in injured workers receiving less in benefits than due under the Act…
Download ONIWG letter to Minister re Cost of Living Adjustments