Workers Compensation Board of Prince Edward Island

Payments


Assessments are paid as an annual lump sum, through semi-annual billing, or with our monthly assessment payment option.

The WCB has a number of options available to you for the payment of employer assessments. Payments can be made:
  • Electronically, through the Employer Assessment Payment option of WCB Online Services
  • At any chartered bank or credit union, either in person or with online banking,
          -or-
  • By cheque, cash, Interac, or credit card (by telephone) or through the WCB office:

                 Workers Compensation Board of PEI
                 PO Box 757
                 14 Weymouth St
                 Charlottetown PE C1A 7L7
                 902-368-5680
                 Toll free in Atlantic Canada: 1-800-237-5049
To avoid penalties for non-payment, please pay your assessment by the due date. Assessments are due thirty days from the date of your statement.

You do need not wait for your Statement of Account to find out your account balance. For your convenience, your balance is available online using the WCB's Online Service Employer Account Status.

Annual Lump Sum Payment Option

You will receive an annual statement of account after registration or renewal, outlining your assessment and the amount payable. Please submit payment in full, within thirty days from the statement date.

You may choose to pay your bill in installments throughout the year, however, outstanding balances are subject to service charges at a rate of 1.5% per month on any overdue balance.
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Semi-annual Billing/Payment

If you file an annual payroll estimate with your registration renewal prior to the deadline of February 28, and your assessment is $1000 or more, you automatically qualify to have your assessment divided into two (2) equal billings.

The first half of the billing is processed upon filing of the payroll estimate. The second half is deferred until August of the current year.
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Monthly Assessment Payment Option

The WCB offers a voluntary monthly assessment payment option (MAPO) for filing and payment of assessments.

If you choose to participate in the MAPO program,
  • Your premiums will be based on your actual monthly payroll.
  • Payments are made monthly.
  • There is no need to estimate your payroll as part of the registration renewal process.
Each month, MAPO employers are required to file the amount of their previous month's payroll, together with the required assessment payment. Remittance forms are mailed to employers each month for this purpose. For your convenience, MAPO Remittances may be filed electronically using WCB Online Services.

To enroll in the MAPO program, visit the Online Services section of this website. You may also sign up for the MAPO program by completing the Monthly Assessment Payment Option (MAPO) application form ES-05 and submitting it to the WCB Office.

More information is available in the Monthly Assessment Payment Option brochure, or you can contact us. Our Employer Services staff are available to answer your questions.
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More information about assessment payments is available in the Information for Employers booklet and in the WCB's employer services policies.

If you have questions about assessment payments, or if you would like a copy of one of our publications, please contact us.