On October 26th, the Ohio Bureau of Workers’ Compensation (BWC) announced a 5% decrease in the average rates for public employer taxing districts. Twelve of the 14 public employer types will benefit from this decrease. While 5% is the average decrease, base rates for public libraries, joint vocational schools and special public universities will all decline by 15.7%. In total, the BWC estimates that the reduction will lower combined premiums by $12.7 million for Ohio’s 3,900 cities, counties, townships, villages, schools and special districts, beginning January 1, 2013.
Click here for the complete BWC Press Release.