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BOD Decision – 2015/11/25-01 – Interest on Compensation

At its November meeting, the Board of Directors approved amendments to the application statement of the previously approved policy amendment for policy item #50.00, Interest. These policy changes in the Rehabilitation Services & Claims Manual, Volumes I and II, were approved by the Board of Directors in November of 2013, with an application statement providing that the changes apply to "all decisions made on or after January 1, 2014." The blatant Board error test was to continue to apply to all reconsiderations, reviews or appeals from a WorkSafeBC decision made before January 1, 2014. Certain workers who had a decision on their entitlement to interest deferred by WorkSafeBC prior to January 1, 2014, did not have a decision made in relation to interest payments on their retroactive benefits. To address this issue, the Board of Directors has revised the application statement so that the policy changes apply to "all decisions made on or after January 1, 2014 except where retroactive benefits under sections 17, 22, 23, 29 or 30 of the Workers Compensation Act have already been awarded and the initial adjudication on the question of entitlement to interest had been deferred prior to January 1, 2014.”

Meeting Date: Nov 25, 2015 File type: PDF (67 KB) Asset type: Policy & Regulation Decision