At the end of each policy year, the Ohio Bureau of Workers’ Compensation (BWC) ensures the estimated premium it set for you was correct. To do this, employers must file a true-up report that reflects the actual payroll for that policy year. For private employers, this report must be completed online no later than Aug. 15. (BWC requires 2-3 business days to post your true-up to your policy account.) If your true-up payroll exceeds the estimated payroll, you’ll owe additional premium. If your true-up payroll is less than your estimated payroll, you’ll receive a premium credit. Here are helpful resources, as well as information regarding what payroll is reportable. 8/3/2021
Reminder: Aug. 15 BWC Payroll True-Up Deadline
08/06/2021