Ohio BWC: Dividend Checks Are on the Way
They were mailed Oct. 18, 2021
On Oct. 18, 2021, the Ohio Bureau of Workers' Compensation (BWC) began sending dividend checks to approximately 3,000 employers. In September, the BWC board of directors approved the expansion of the agency's December dividend to employers that did not originally meet eligibility requirements.
Now, those checks are in the mail. So, if you are one of the newly eligible employers, be on the look out.
At Governor Mike DeWine's request, the BWC board has authorized more than $9.2 billion in dividends to Ohio employers since 2019.
The BWC will first apply the dividend to an employer's unpaid premium balance then send a check for the rest. Employers that receive this dividend may receive an IRS 1099 tax form in January 2022.