Wage replacement and benefits
Your compensation rate is determined by using 90 per cent of your net taxable income to a maximum amount, determined each year by the Board of Directors (see table below). Your compensation rate will depend on a number of factors ranging from your salary to other sources of income lost due to the work-related injury.
| Year | Maximum Insurable Earnings |
| 2009 | $72,600 |
| 2010 | $77,000 |
Regular compensation payments for wage replacement are payable during periods of total disability and are issued at regular intervals. You can view your payments online.
Reporting wage replacement benefits
Revenue Canada requires you to report wage replacement benefits as income; however, this amount is not considered as taxable income.
WCB-Alberta will issue a T5007 statement of benefits. For more information please reference the T5007 statement of benefits fact sheet (pdf, 236KB).
Other resources
News / Announcements
July 23, 2010 Grande Prairie services update
The facility that houses WCB’s regional services in Grande Prairie is closing. This has prompted a review of the need for these services in the area, as there has been a decline in the number of people who access the office space. The review will be completed by year-end. More...
July 16, 2010 BackPain - Don't take it lying down
The BackPain campaign is focused on educating Albertans that staying active is the best treatment. Spread the message in your workplace. Order our new campaign posters...
