Quick Links
Customer Centres
Interest Policy for Compensation Benefits
The current interest policy recognizes the circumstances in which interest is payable under the Workers Compensation Act. Policy also provides that interest may be payable where there was a blatant Board error that requires a retroactive payment of compensation benefits.
At issue is a review of the policy options for when workers are entitled to the payment of interest on compensation benefits.
WorkSafeBC’s governing body, the Board of Directors, has approved this issue for stakeholder consultation. The Policy and Regulation Division has prepared a discussion paper and draft policies for stakeholder review and comment.
Stakeholders are invited to review the discussion paper and proposed policies and to provide feedback by November 30, 2012.
Discussion Paper (PDF 425kb)
There are a number of ways for stakeholders to provide feedback on the options and draft policy amendments:
(a) Comment links:
Through the Comment link below, you will be able to provide immediate feedback by completing an online submission form.
Please note: Once you click the “submit” button at the bottom of the form you cannot access it again to make additional comments. Therefore, if you wish to make detailed comments in the feedback section, you may want to draft your comments using a word processing format and then cut and paste them into the submission form.
Alternatively, submissions can be submitted as follows:
(b) |
Email: |
|
(c) |
Mail: |
Lori Guiton |
(d) |
Fax: |
604 279-7599; or toll-free in B.C. 1 877 279-7599 |
An acknowledgement of receipt will be sent for each submission. Please be advised that stakeholders will not be contacted regarding the contents of their submissions unless clarification is needed.
WorkSafeBC’s governing body, the Board of Directors, will consider stakeholder feedback before it adopts any amendments to the current policy.
Please note that all comments become part of the Policy and Regulation Division's database and may be published, including the identity of organizations and those participating on behalf of organizations. The identity of those who have participated on their own behalf will be kept confidential according to the provisions of the Freedom of Information and Protection of Privacy Act.