Board of Directors' resolutions: August 2019

  • Approved that the proposed membership to the Human Resources and Compensation Committee be approved effective August 15, 2019.
  • Approved that the proposed membership to the Health and Safety Committee be approved effective August 15, 2019.
  • Approved the re-appointment of Ms. Maureen Farrow as an External Advisor to the WSIB’s Investment Committee effective January 1, 2020 to March 31, 2022.
  • Approved the re-appointment of Mr. Michael Whelan as an External Advisor to the WSIB’s Investment Committee effective March 1, 2020 to March 31, 2023.
  • Approved the Chief Actuary’s recommendation:
    • An average 17.0% Schedule 1 premium rate decrease in 2020.
    • The Schedule 1 average 17.0% decrease should be applied to individual employers.
  • Approved the authorization to continue a procurement for Managed Security and Project Services.