Ohio BWC: True-up Deadline Approaches for Private Employers
Reporting must be completed by August 15, 2022
The True-up period deadline for private employers is approaching, the Ohio Bureau of Workers' Compensation (BWC) announced again this week.
Private employers must complete their payroll True-up report by Monday, August 15, 2022.
At the beginning of each policy period, the BWC set an estimated annual premium (EAP) as follows.
- For a new employer, the BWC will establish your estimated annual premium by using the 12-month payroll estimate you submitted on your application for workers' compensation coverage.
- For an existing employer that had coverage before this policy period, the BWC will establish your estimated annual premium by using the estimated payroll from the previous policy year.
At the end of the policy year, the BWC must ensure the estimated premium we set for you was correct. To do this, you must file a True-up report that reflects the actual payroll for that policy year. You can complete the report online using the Payroll True-up report service offering.