BWC Extends Premium Due Date Until September 1
COLUMBUS – The Ohio Bureau of Workers’ Compensation is deferring the due date for employers to pay their June, July, and August premium installments until Sept.1.
Gov. DeWine said the deferral is designed to help employers focus resources on re-opening their businesses under his Responsible RestartOhio Plan, the state’s effort to restart the economy while keeping Ohioans safe amid the ongoing COVID-19 pandemic.
“By extending the premium due date, businesses can continue to focus on the safety and well-being of their employees and customers during this health pandemic,” said DeWine said.
BWC Administrator/CEO Stephanie McCloud noted the deferral is the second deadline extension given to employers since COVID-19 emerged in Ohio in March.
“We’ve said since the beginning of this pandemic we would do our best to relieve the financial pressures employers are facing in this unprecedented time,” said McCloud. “This is our latest step, and I’m grateful to Ohio’s employer community, our stakeholders, and our staff for putting us in a strong position to help.”
Among several actions to help the business community, BWC sent Ohio’s private and public employers nearly $1.6 billion in dividends in late April thanks to strong investment returns, declining injury claims, and other costs savings.
The agency is also sending at least 2 million face coverings to employers and their workforce to weaken the spread of the coronavirus.
Published by The Business Journal, Youngstown, Ohio.