Employers’ “Third Billion Back” rebate checks from the Bureau of Workers’ Compensation (BWC) are on the way!
The checks will arrive in a white envelope labeled IMPORTANT DOCUMENTS ENCLOSED and must be deposited before they expire in 90 days.
Employers are free to spend their rebates as they wish, but BWC CEO/Administrator Sarah Morrison hopes they will consider investing in workplace safety.
Here’s Administrator Morrison with the latest on the rebate in this short video.
This is the third $1 billion rebate in the last four years, made possible by an improving safety climate, prudent fiscal management and strong investment returns. Eligible employers will receive checks that total 66% of their premiums for the policy year that ended June 30, 2016.