ACC Levy Consultation 2011/12 - Quality Assurance Review
ACC Levy Consultation 2011/12 - Quality Assurance Review
Department of Labour
December 2010
Finity Consulting Pty Limited 2010
7 December 2010
Department of Labour
56 The Terrace
Wellington
NEW ZEALAND
Dear Peter
ACC Levy Consultation 2011/12 - Quality Assurance Review
We are pleased to provide you this advice on our review of the proposed levy rates for the ACC Levy Consultation 2011/12. The consultation covers levies for the Work, Motor Vehicle and Earners' accounts (including the Earners' Account portion of the Treatment Injury Account).
ACC is currently undertaking a separate consultation on experience rating in the Work Account. We comment on the experience rating consultation in a separate letter.
This quality assurance review is a review for reasonableness. It should be noted that the quality assurance review has not provided (nor is it intended to provide) an independent estimate of levy rates, nor is this quality assurance review intended to provide verification that each of the detailed calculations underlying the calculation of the levy rates is correct.
Yours sincerely
Aaron Cutter Jamie Reid
Fellows of the Institute of Actuaries of Australia