Each year, by February 28, you must renew your registration with WCB. You will be required to report your actual payroll for the previous year and an estimated payroll for the current year.
You will receive a renewal package from the WCB each January as a reminder of the upcoming registration renewal deadline.
How to submit a registration renewal
There are two ways to submit an employer registration renewal:
- By completing the Employer Registration Renewal form using the WCB’s Online Services.
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By completing the Employer Registration Renewal Form included in the renewal package you will receive in January. The completed form must be returned to the WCB by the February 28 registration renewal deadline.
You can send paper forms by mail or drop them off in person:
Workers Compensation Board of PEI
Employer Services
14 Weymouth Street
PO Box 757
Charlottetown PE C1A 7L7
Fax: 902-368-5705
What you need to know when renewing your registration
- When reporting your payroll, you must use the calendar year January 1 to December 31 and maximum assessable earnings (MAE). The MAE for 2025 was $82,900 and the MAE for 2026 is $89,300.
- Your premiums are based on your estimated payroll for the current year with adjustments made based on your actual payroll for the previous year. If your actual payroll is more than 25% higher than your estimated payroll you will receive an underestimating penalty. You can avoid penalties by:
- Reviewing your annual payroll estimate regularly and submitting a revised estimate prior to November 1 each year.
- Joining the Monthly Assessment Payment Option (MAPO) where you pay premiums each month that are based on actual payroll only.
What happens if you miss the deadline
If you fail to register or renew your registration by the February 28 deadline, the WCB may use an arbitrary assessment to calculate your employer premiums. When an arbitrary assessment is used to calculate employer premiums, the employer’s payroll from the previous year is adjusted by an additional 25%. Interest and late filing penalties are also applied to arbitrary assessments.
Read our arbitrary assessments FAQ.