The Workers Compensation Board of P.E.I. is continuing to take steps to support Island workers and employers during the pandemic of coronavirus (COVID-19), including deferring payroll audits.
In addition to deferred audits, benefit payments are continuing to be processed.
“We know that employers have additional pressures right now as a result of managing their businesses through COVID-19,” said Cheryl Paynter, CEO of the Workers Compensation Board of P.E.I.
“During this time, we are committed to supporting local businesses to help ease the immediate financial cash flow demands on our Island business community.”
As a result, WCB will defer all assessment due dates related to 2020 employer payrolls. This temporary change means that covered employers will not have to pay WCB premiums until June 30. Neither interest nor penalties will accrue during this time.
Employers are asked to submit any revisions to their 2020 payroll estimates to the WCB before May 15 to ensure that changes are reflected on the business's statement in assessment amounts due.
Though the WCB building is closed to the public, the organization has maintained services and supports for employers and workers by phone and email.
Further details will be posted on the WCB website in the coming days - visit wcb.pe.ca/COVID19 for updates.