BWC defers June, July, August payments

In recognition of the disruption of Ohio business due to the corona virus, the Ohio Bureau of Workers’ Compensation is permitting companies to defer their June, July and August installments until September 1, 2020.

My recommendation is to pay the installment(s) if you can.

Remember that you will report your 7/1/19-6/30/20 payroll to the BWC as part of the True Up process.  You will True Up between July 1 and August 15.  If your company owes more premium, that amount is due by September 1.  If you owe less premium, the overage will be credited to your company’s account and deducted from any outstanding installment amounts due.

Posted in premiums.