Who we are and what we do
We are legislated by the government of Ontario and are responsible for administering the Workplace Safety and Insurance Act, 1997 (WSIA). We receive funding from business premiums and investment income. The province does not provide us with any funding. We are a trust agency governed by an independent board of directors made up businesses, employees and other stakeholders.
The WSIB administers the province’s no-fault workplace insurance system. We provide return-to-work, medical, and loss-of-earnings benefits for people who become injured or ill on the job.
Schedules 1 and 2
Businesses who are registered with the WSIB are covered under either Schedule 1 or Schedule 2 of the Workplace Safety and Insurance Act, 1997 (WSIA). By the Numbers presents 10 years of statistics on Schedule 1 and 2 separately.
Schedule 1 businesses are:
- Required by legislation to pay premiums to the WSIB and are protected by a system of collective liability;
- Relieved of individual responsibility for actual claim costs, since the WSIB pays benefits to people with workplace injuries or illnesses.
Schedule 2 businesses are:
- Businesses who are self-insured for benefits under the WSIA;
- Must pay for all workplace injury and illness claims. The WSIB administers the payment of injury and illness claims and recovers the cost of these benefits plus administration fees from the businesses.