Workers’ Compensation and Rehabilitation Regulation 2025

be prepared under the actuarial standard; and

apply a central estimate of the liability; and

apply the same risk free rate of return that was used in estimating under subdivision 2 the non-scheme employer’s liability under section 105B(3) of the Act; and

include claims administration expenses of 7% of the non-scheme employer’s liability under section 105B(3) of the Act; and

not include a prudential margin; and

be based, to the extent practicable, on claims for compensation and damages made against the non-scheme employer; and

have regard to payments for compensation and damages made in relation to the non-scheme employer’s liability under section 105B(3) of the Act during the period (the 4 year period) that—

starts on the cancellation day; and

ends 4 years after the cancellation day; and

be based on data that—

is up-to-date on the last day of the last financial quarter of the 4 year period for which data is available; and

only relates to the period before the non-scheme employer’s exit date.