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Private employer True-up begins July 1!

Private employer True-up begins July 1!

BWC determines employer premiums based on the amount of payroll (exposure) reported multiplied by a specific rate. At the beginning of each policy period, we’ll set an estimated annual premium (EAP) as follows.

  • For a new employer, we'll establish your estimated annual premium by using the 12-month payroll estimate you submitted on your application for workers' compensation coverage.
  • For an existing employer that had coverage before this policy period, we’ll establish your estimated annual premium by using the estimated payroll from the previous policy year.

At the end of the policy year, we must ensure the estimated premium we set for you was correct. To do this, you must file a True-up report that reflects the actual payroll for that policy year. You must complete the report online using the Payroll True-up reports service offering.

For public employers, the True-up period begins Jan. 1. The deadline is Feb. 15. For private employers, the True-up period begins July 1. The deadline is Aug. 15.

If your True-up payroll exceeds the estimated payroll, you'll owe additional premium. If your True-up payroll is less than your estimated payroll, you'll receive a premium credit. To be considered timely, you must report payroll and pay any premium due by the deadline.

Important: An employer must submit a payroll True-up report even if it has zero payroll.

The Go-Green Rebate Program requires employers to enroll in electronic notices prior to completing the payroll True-up and requires employers to submit their payroll True-up on this website by the deadline.