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Policy decisions finalized at the October 13, 1998 WCB Panel of Administrators meeting
The following is a list of policy decisions finalized by the WCB Panel of Administrators on October 13, 1998. For information about the function and mandate of the Panel, please see Governing Structure.
Interest on Assessment and Prevention Appeals
The Panel passed a resolution regarding the payment of interest on money returned to an employer following a successful appeal on an assessment or prevention matter. The resolution says that the WCB will pay interest to an employer from the date the employer filed the notice of appeal with the Appeal Division. There are three exceptions to this rule. In the following situations, interest will be paid from an earlier date than the date the appeal was filed:
- Where there was a blatant error by the Board
- Where the employer prepays a disputed penalty assessment pending the appeal
- Where the appeal concerns cost relief on a historical section 39(1)(e) case
In all cases, interest is paid at the same interest rate provided for compensation appeals (policy item 50.00 of the Rehabilitation Services and Claims Manual). The effective date of the resolution was October 13, 1998.
For further information on this issue, please contact Meg Brighton at 604 244-6354 or toll free within B.C. at 1 888 922-2768, local 6354.
You may also examine the complete resolution.