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Boards and Commissions
Last Update: 4/29/2021
Workers' Compensation Board of Directors, Bureau of
Status
Current
Type of Board
Permanent
Authority
R.C. 4121.12
Total Membership
11
Dates of Appointment
4 - 6/12/10 and each 3rd year thereafter
3 - 6/12/11 and each 3rd year thereafter
4 - 6/12/12 and each 3rd year thereafter
Term Length
3 years
Ending Date of Term
June 11
Report Requirements
Annual report to Governor, Senate President, House Speaker, House and Senate Minority Leaders, and Workers' Compensation Council
Chairperson
Selected by Governor from among Board members
Subject To Sunset Review
Yes
Full-time
No
Restriction on Partisan Affiliation
No
Senate Confirmation Required
Yes
Expiration Date
December 31, 2024
Appointment Authority
Governor
Membership Composition
Members with other stated qualifications
Compensation
Expenses Only, Specified Salary, (2) no more than $30000 per year for attending Board meetings regardless of the number of meetings the Board holds
Staff Assistance
Executive agency staff, Bureau of Workers' Compensation
Additional Information
The Board appoints the members of the Workers' Compensation Audit Committee, Actuarial Committee, and Investment Committee (R.C. 4121.129). The Audit Committee consists of 3 Board members, 1 of whom is the certified public accountant member of the Board, and any additional members the Board determines necessary, who need not be Board members. The Actuarial Committee consists of 3 Board members, 1 of whom is the actuary member of the Board, and any additional members the Board determines necess
Qualifications
Governor appoints 1 individual who, on account of previous vocation, employment, or affiliations, can be classified as a representative of employees; 2 individuals who, on account of previous vocation, employment, or affiliations, can be classified as representatives of employee organizations, and at least 1 of the 2 must be a member of the executive committee of the largest statewide labor organization; 3 individuals who, on account of previous vocation, employment, or affiliations, can be classified as representatives of employers, 1 of whom represents self-insuring employers, 1 of whom is a state fund employer who employs 100 or more employees, and 1 of whom is a state fund employer who employs less than 100 employees; 2 individuals who, on account of previous vocation, employment, or affiliations, can be classified as investment and securities experts who have direct experience in the management, analysis, supervision, or investment of assets and who are Ohio residents; 1 certified public accountant; 1 actuary who is a member in good standing with the American Academy of Actuaries or who is an associate or fellow with the Casualty Actuarial Society; and 1 individual who, on account of previous vocation, employment, or affiliations, cannot be classified as predominately representative of employees or employers. No member, within 1 year immediately preceding appointment, can have been employed by the Bureau or by any person, partnership, or corporation that has provided the Bureau with services of a financial or investment nature, including the management, analysis, supervision, or investment of assets. Governor must appoint members from lists of names submitted by Workers' Compensation Board of Directors Nominating Committee.