YOUR BWC PAYROLL REPORT WILL BE DIFFERENT

Please note the following two changes

There will be two things different about the Bureau of Workers' Compensation (BWC) payroll report you receive for the July 1 to Dec. 31, 2003 reporting period. First the 20% dividend will be on the sheet for you to calculate and only pay 80%.

Second, BWC will not be offering the 50/50 split payment option as they did with the most recent reporting period. As mentioned when providing this payment option, it was being offered based on-then economic conditions and most importantly, that there was no dividend being offered for the Jan. 1 to June 30, 2003 period, so you would be paying 100% of your full rate.

You will be required to pay your full amount due and cannot break the payments into 50% portions. If you do not pay your premium you will be lapsed and invoiced for the remaining amount. Yet, due to the success of 50/50, BWC says they will still review, each reporting the period, the benefit to you of providing 50/50 as a payment option.

Payroll report and premium payment is due at BWC's office by February 27, 2004. Please contact BWC Employer Services at 614.752.6332 with questions.