Which party is responsible for paying into workers' compensation funds under the legislation?

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Prepare for the Canadian Payroll Compliance Legislation Exam. Study with multiple choice questions, each accompanied by hints and explanations. Get ready for your certification exam!

Multiple Choice

Which party is responsible for paying into workers' compensation funds under the legislation?

Explanation:
Funding for workers' compensation comes from employers through mandatory premiums paid to the provincial or federal workers' compensation board. It’s a no-fault insurance designed to cover medical care and wage replacement for work-related injuries, and premiums are based on payroll, industry risk, and the employer’s experience rating. The government’s role is to regulate and administer the program, not to fund it from general revenues, and employees do not contribute to the fund. So, the party responsible for paying into the workers’ compensation fund is the employer.

Funding for workers' compensation comes from employers through mandatory premiums paid to the provincial or federal workers' compensation board. It’s a no-fault insurance designed to cover medical care and wage replacement for work-related injuries, and premiums are based on payroll, industry risk, and the employer’s experience rating. The government’s role is to regulate and administer the program, not to fund it from general revenues, and employees do not contribute to the fund. So, the party responsible for paying into the workers’ compensation fund is the employer.

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