GOOD NEWS! The Ohio BWC has provided a grace period for businesses that did not meet the August 15th deadline. Businesses will now have until Thursday, Sept. 29 to complete the true-up.
Our records indicate there are still a significant number of businesses that have yet to complete the new payroll true-up process. It is important that you complete this process by the September 29th deadline. Not completing this process can be very costly to your business and include:
- Removal from current discount programs such as group rating, group retrospective rating, one claim program;
- Denial from enrollment in future discount programs;
- Ineligibility for refunds due from prior year programs
BWC has put together a short video demonstrating how to complete your payroll true-up. To view the video click on the following link https://youtu.be/dmYEtuGLEnQ.
If your company uses a payroll company or vendor, you will need to contact them immediately to verify that they are completing this task for you.
If you cannot complete the process online, you can call BWC directly at 1-800-644-6292 and ask for a BWC representative. You will need to call as soon as possible as wait times may be long.