News

Sedgwick CompNotes Summer 2022

August 4, 2022

 

 

 

S U M M E R  2 0 2 2CompNotes

Private employer True-Up due August 15th

With prospective billing the Bureau of Workers’ Compensation (BWC) requires that all employers true-up their payroll annually.  To true-up, private employers are required to report their actual payroll for the July 1, 2021 through June 30, 2022 policy year and reconcile any differences in premium by August 15, 2022. 

If you have not yet completed your true-up, please do so immediately.  You can report and pay any additional premium due by clicking here or by calling BWC at 800-644-6292.

Failure to report and pay timely can result in severe penalties.  Employers that fail to complete the true-up process will...

Continue reading