09 April 2020 Washington provides employers affected by COVID-19 with a grace period for paying workers' compensation insurance premiums The Washington State Department of Labor & Industries announced that under its Employer Assistance Program, it is offering a grace period for paying the required workers' compensation insurance premiums for employers affected by COVID-19. Under the program, employers financially impacted by COVID-19 can defer their workers' compensation premium for up to 90 days or they may request a 90-day payment plan. If the premiums are paid within the 90 days, interest and penalties will not apply. The Department states that the 90-day payment plan can be renegotiated for businesses that go into deeper financial distress. Penalties and interest may apply for businesses that obtain a longer payment period.
Document ID: 2020-0922 | |||||||||||