We can’t say it often enough! Failure to true-up on time causes financial risk and, most likely, headaches.
The true-up report must be completed even if an employer had zero payroll, or their payroll for the year matches the estimate BWC provided.
BWC will remove employers from their current rating and discount programs if it does not receive a payroll true-up and any additional premium owed by the deadline.
Online true-up and payment also qualifies eligible employers for a 1-percent premium rebate, up to a $2,000 maximum. 7/26/2018