Ohio BWC to issue $5 billion in dividends to Ohio employers Thursday

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Posted at 2:07 PM, Dec 09, 2020
and last updated 2020-12-09 14:10:19-05

COLUMBUS, Ohio — Beginning Thursday, the Ohio Bureau of Workers’ Compensation (BWC) will begin issuing $5 billion in dividends to Ohio employers in an effort to ease the impacts of COVID-19.

Approximately $4.3 billion will go to private employers and $687 million will go to local government taxing districts, such as counties, cities, townships and schools.

“We’re happy to be in the position to assist employers across the state during these challenging times,” said BWC Interim Administrator/CEO John Logue said in a news release. “It’s our hope these dollars will keep businesses open and safe and people employed.”

All 178,415 private and public employers covered by the state insurance fund are eligible for the latest dividend through a combination of checks in the mail and credits to their BWC accounts.

For a county breakdown of dividend breakdown, click here.

The $5 billion dividend comes after a $1.54 billion dividend in April and one for $1.3 billion in October.