The state’s current loan balance with the U.S. Department of Labor is approximately $670 million, but the
Agency expects to make a voluntary loan payment in June of this year. In
addition, the federal interest rate on trust fund loans for 2013 has been
lowered again, to 2.5765%.
As a result, this year’s Special Assessment is projected to be reduced for the second consecutive year, to approximately $20 million. This equates to approximately $1.10 per thousand dollars of taxable payroll, or about $16.50 per full time employee. For example, an employer with 10 workers can expect to receive an August 2013 assessment of approximately $165. Source: CTDOL |
08 April 2013
• Connecticut Unemployment Insurance Special Assessments to Be Mailed in August
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