U118 2026

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The document outlines the process for notifying the Ohio Bureau of Workers' Compensation (BWC) when one business succeeds another in operation, either wholly or partially. It details the necessary forms to complete, including the U-3 application for new employers without existing coverage and the U-118 form for reporting successions. The document emphasizes the importance of preserving payroll records, transferring experience ratings, and provides steps for submitting the notification. It also includes sections for general information, transaction details from both former and successor employers, and a certification section.

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Click ‘Get Form’ to open the u118 in the editor.
Begin with Section A, providing general information for both the succeeding and former employers. Ensure you include legal business names, Ohio workers’ compensation policy numbers, and contact details.
Move to Section B, where the former employer must detail the transaction specifics. Answer questions regarding the sale date, employee retention, and any agreements related to the transaction.
In Section C, the new/successor employer should provide similar details about their acquisition. This includes the purchase date and whether they retained any employees from the former employer.
Finally, complete Section D by signing and dating the form. Both parties must certify that all information is accurate before submission.

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2010	4.8 Satisfied (231 Votes)

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