Ohio Employers Can Split Comp Premium Into 2 Payments

Beginning July 18, Ohio employers will be allowed to split their premium into two payments for the Jan. 1 to June 30, 2005, payroll period.

If an employer chooses the online 50/50 plan, the Bureau of Workers’ Compensation will only require 50 percent of the amount due by Aug. 31, 2005. The option is only available online. The remaining amount due would be payable by Nov. 1, 2005.

The bureau is enacting the special offer, which it said may not be offered in the future, in order to assist employers angered by the fund’s decision not to offer a dividend, as it had for the last nine years.

Latest Comments

• July 5, 2005 at 8:19 am

  AthenaTheActuary says:

  Yes- lots of "investments" in rare coins and, if that weren't enough, millions of dollars worth of coins have disappeared. Coincidence that the coin dealer was a major campaig... read more
• June 30, 2005 at 1:33 am

  Scandel in Ohio says:

  In OHIO Our Workmans comp people have lost per the toledo blade local newspaper over $235MIl dollars in bad investments and schemes. now they say we can pay work comp premiums... read more