Payment of Interest on Compensation Benefits
Effective Dates
June 30, 2008 - June 29, 2019
Policy Code
EL-03
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.
Prior Policies
Payment of Interest on Compensation Benefits
March 31, 2000 - June 30, 2008 | CL-52 | Policies prior to July 1, 2022Policy References
Recovery of Overpaid Compensation
December 31, 2011 - December 31, 2015 | EL-04 | Policies prior to July 1, 2022Merits and Justice of the Case
December 31, 2013 - June 30, 2022 | EN-02 | Policies prior to July 1, 2022