PIAWE Reforms

PIAWE Reforms

As we saw in late 2018 the NSW Government introduced a number of changes to the NSW workers compensation system, the next phase of these changes relates to simplifying the calculation of a workers Pre-Injury Average Weekly Earnings (PIAWE).

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NSW Workers compensation under fire

NSW Workers compensation under fire

The NSW workers compensation scheme and nominal insurer (icare) have come under fire from an industry expert. icare insures 3.6 million employees and collects over $2 billion in premiums p.a. According to former principal actuarial adviser, the NSW scheme is in jeopardy.

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