Newspaper article The Canadian Press

Workers Compensation Board Surplus Taken Back from School Divisions

Newspaper article The Canadian Press

Workers Compensation Board Surplus Taken Back from School Divisions

Article excerpt

WCB surplus taken back from school divisions

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REGINA - Millions of dollars that had been destined for Saskatchewan's school divisions will now be going back to the provincial government.

This summer the Worker's Compensation Board announced it would be distributing a $281.5 million surplus to employers in Saskatchewan.

Approximately $4 million was set to go to the school divisions, however, the province is stepping in.

"We made the decision that we had budgetary issues all the way across the province because of resource revenue being down," explained Education Minister Don Morgan.

"And what we did, is we made the determination at cabinet that we were going to reallocate that money back to the province."

He said it wasn't anything the divisions did to earn the money, it's simply a WCB surplus. …

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