Yukon Workers' Compensation Health and Safety Board

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Policies

Policy EL-03 - Payment of Interest on Compensation Benefits

Effective Dates

July 1, 2008 and still in effect

Series

Earnings Loss

General Information

The Workers’ Compensation Act S.Y. 2008 (the "Act") requires that where compensation is payable, the decision-maker, hearing officer, or the Workers’ Compensation Appeal Tribunal (Tribunal) shall order that interest be paid on such compensation in accordance with a Yukon Workers’ Compensation Health and Safety Board (YWCHSB) policy and the YWCHSB shall pay such interest.

It is recognized that the support and engagement of employers and service providers is an integral part of ensuring quick and effective adjudication of claims so that interest payments will not be necessary.

Purpose

This policy provides direction to the YWCHSB on the payment of interest on compensation benefits.