May Impact UI Trust Funds On January 19, 2024, the US DOL released guidance with state requirements with respect to reporting and reconciliation of federal reimbursements for payments for the unemployment compensation waiting week. See Instructions for Reconciling Funds Made Available to States Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act - Section 2105 (dol.gov).The [...]
On September 12, 2023, the US Department of Labor posted a notice requesting comments on ETA 227. This form is used for quarterly data collection concerned with identifying fraud. Data cells describe fraud identified through tools (State and National Directories of New Hires) and breaks out fraud cases in the Federal-State Extended Benefits program. See the [...]
On July 12, 2021, the US Department of Labor, Employment and Training Administration provided guidance to states with respect to the transition from the temporary unemployment benefit programs under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. A link to the guidance may be found at doleta.gov. Highlights of this UI PL No. 14-21, Change [...]
The US House Ways and Means Committee has reported legislation language proposed for inclusion in the budget reconciliation bill for 2021. The language also seeks to address COVID-19 relief and economic stimulus. A summary of the UI related provisions addressed in the bill is available from the House Ways and Means Committee at 1.UI_sxs.pdf (house.gov) Click [...]
The COVID-19 recession has significantly impacted the solvency of state UI Trust Fund Accounts. A snapshot of the status of accounts as of September 16, 2020 shows that 21 states have already requested authorization to obtain loans from the Federal Unemployment Account because state unemployment trust fund balances have been or will be exhausted. (see below) [...]
On August 3, 2020 President Trump signed the Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020 (S 4209) into law. The Act was previously passed by unanimous consent in the US House or Representatives. The new law provides a much-needed fix to help reimbursing employers manage the required payments in lieu of contributions charged [...]
Attention is needed to Charging and Rates Many State UI agencies had difficulty managing the dramatic increases in unemployment compensation claims arising from lay-offs and the recession. Just as states are catching up with UI benefit payment issues, many are also having difficulty matching charges with employer accounts. The additional $600 payment required under Section 2104 [...]
On June 1, 2020, Congressman Kevin Brady (R-TX), the Ranking Member on the House Committee on Ways and Means, announced introduction of the Reopening America by Supporting Workers and Businesses Act of 2020. Background: As part of the CARES Act, Congress provided $600/week in supplemental unemployment benefits to provide much needed support and economic relief for [...]
The COVID-19 recession is already so deep as to not only have triggered special expanded benefits through congressional action but now is beginning to trigger “on” in an increasing number of states to regular extended benefits (EB) under permanent federal law. For the week ending April 26, 2020 Connecticut, Michigan and Rhode Island triggered on up [...]
On April 5, 2020, US DOL released UI PL 16-20 to provide Operating, Financial, and Reporting Instructions the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 – Pandemic Unemployment Assistance (PUA) Program Background The CARES Act was designed to mitigate the economic effects of the COVID-19 pandemic in a variety of ways. The CARES [...]
