By Payroll and Entitlements Editorial Staff
The Office of Unemployment Insurance elected not to charge contributory employer reserve accounts for any unemployment benefits paid out during the 2nd, 3rd, and 4th quarters of 2020. This determination was made after consulting state and federal guidance in order to keep employer rates as low as possible for 2021. Amended rate notices will be mailed out in April 2021 and rates will continue to be determined under Rate Schedule A. Rates under this schedule range from 0.3% to 2.4% for positive-balance employers and from 6.5% to 9.0% for negative-balance employers. The SCUF assessment will be suspended for reporting year 2021 due to statutory requirements based on the UI Trust Fund balance (KRS 341.243 (4)). It will be evaluated again for 2022 based on the UI Trust Fund balance at the end of 2021. The 2021 taxable wage base will remain at $10,800 per worker (OUI Communication).
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