Thirty-one states and the Virgin Islands are borrowing from the federal government (specifically, the Federal Unemployment Account) to pay UI benefits. Under current federal law, states must pay interest if a loan is outstanding for a sufficient length of time. In anticipation of liability for interest, several of these states have taken action to recover [...]
Service Bulletins
New Indiana Legislation Passed Will Have an Immediate Impact on Your UI Tax Rates
March 10th, 2011
On February 24, 2011 Governor Mitch Daniels signed into law Enrolled House Act 1450 making several changes to unemployment insurance in an attempt to bring the Indiana UI trust fund back to solvency in two years. The most welcome feature of EHA 1450 is the retroactive decrease in UI tax rates for 2011 from the [...]