$1.4 Billion in BWC Dividend Checks to be Mailed to Private Employers

From a press release sent out on April 21st from the Ohio’s Governor’s office:

BWC DIVIDEND CHECKS:

Less than two weeks ago, the Ohio Bureau of Workers’ Compensation board of directors approved to send up to $1.6 billion in dividends to Ohio employers. Today, Governor DeWine announced that a total of more than 170,000 checks will be mailed over the next five days.

This dividend is intended to ease the impact of COVID-19 on Ohio’s business community and the economy.  The dividend equals approximately 100% of the premiums paid in policy year 2018.

Approximately $1.4 billion will go to private employers and nearly $200 million will go to local government taxing districts, such as counties, cities, townships, and schools.

Click here to view the full COVID-19 Update press release which includes FDA Reagent Approval, Testing Strike Team, Fair Wavier, and JobsOhio Banking Partnership.

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