NATIONAL UNEMPLOYMENT INSURANCE PROGRAM UPDATE. Gay Gilbert, Administrator Unemployment Insurance USDOL/ETA June 18, 2014
|
|
- Prosper Ross
- 5 years ago
- Views:
Transcription
1 NATIONAL UNEMPLOYMENT INSURANCE PROGRAM UPDATE Gay Gilbert, Administrator Unemployment Insurance USDOL/ETA June 18, 2014
2 NATIONAL UPDATE Turning the Page on the Great Recession & Adjusting to a New Normal Economic Snapshot Data Trends Trust Fund Activity Program Strategic Priorities Implementation of the Middle Class Tax Act Highlights of Program Initiatives Looking Ahead
3 Private payroll employment (in millions) Unemployment rate Job Growth and Unemployment Unemployment and Job Growth since Jan SOURCE: Bureau of Labor Statistics 3
4 Layoffs are Back to 2006 levels Source: Job Openings Layoffs and Turnover Survey & Mass Layoff Statistics
5 Data Source: U.S DOL/BLS
6 Unemployment: By Race/Ethnicity and Age SOURCE: Bureau of Labor Statistics, Current Population Survey
7
8
9
10 The Long-Term Unemployed Still Need Assistance Source: Bureau of Labor and Statistics: Current Population Survey 10
11 Source: US DOL/BLS and US DOL/Office of Unemployment Insurance
12 Source: US DOL/BLS and US DOL/Office of Unemployment Insurance
13 Source: US DOL/BLS and US DOL/Office of Unemployment Insurance
14 Effective May 11, 2014 Source: US DOL/Office of Unemployment Insurance
15 Source: US DOL/Office of Unemployment Insurance
16 Percent of Covered Wages Benefits Paid as Percent of Covered Wages Benefits Paid Benefits Paid The last data point is for 2012 Source: US DOL/Office of Unemployment Insurance
17 36 $48.5 B 18 $21.3 B Total Number of States that have Borrowed Number of States with Outstanding Balances April 30, 2014 Peak Amount Advanced to States Outstanding Advance Balance April 30,
18 Billions $ TOTAL BORROWING OVER TIME AND PROJECTED BORROWING THROUGH End of FY Borrowing Actual Forecast
19 INTEREST PAYMENTS Interest due September 30, states paid $656 million 9 states had cash-flow loans for 2013
20 FUTA CREDIT REDUCTIONS After two or more January 1sts with a loan balance, employers face a reduction in the FUTA credit 14 states had a credit reduction for 2013 One state with a 0.6% reduction, eleven states with 0.9%, and two states with 1.2% 20 states expected to have a credit reduction for 2013 depends on Nov. 10 loan balance
21 ESTIMATED FUTA CREDIT REDUCTIONS Potential 2014 Federal Unemployment Tax Act (FUTA) Credit Reductions These states had Title XII advance balances on January 1, 2014 and are potentially subject to a reduction in FUTA credit on their IRS Form 940 for 2014 if the loan is not repaid by November 10, 2014: Potential Estimated Estimated Eatimated Total State Credit Reduction 2.7 add-on (3) BCR add-on (3) Credit Reduction Arkansas 1.2% (2) 0.0% 0.5% 1.7% California 1.2% (2) 0.0% 1.5% 2.7% Connecticut 1.2% (2) 0.0% 0.5% 1.7% (1) This state is also potentially subject to the 2.7 additional credit reduction formula. Delaware 0.9% (1) 0.0% 0.0% 0.9% This add-on is applicable in states following their third or fourth consecutive Georgia 1.2% (2) 0.0% 0.6% 1.8% January 1 with an outstanding Federal advance. A decription is found in FUTA Indiana 1.5% (2) 0.0% 1.2% 2.7% section 3302 (c)(2)(b) Kentucky 1.2% (2) 0.0% 1.0% 2.2% Missouri 1.2% (2) 0.0% 0.4% 1.6% (2) This state is also potentially subject to the Benefit Cost Rate (BCR) additional credit New Jersey 1.2% (2) 0.0% 0.0% 1.2% reduction formula. This add-on is applicable in states following their fifth consecutive New York 1.2% (2) 0.0% 0.7% 1.9% January 1 with an outstanding Federal advance. A decription is found in FUTA North Carolina 1.2% (2) 0.0% 0.5% 1.7% section 3302 (c)(2)(c) Ohio 1.2% (2) 0.0% 1.4% 2.6% Rhode Island 1.2% (2) 0.0% 1.0% 2.2% (3) The third and fourth quarters of 2013 wages are based on extrapolated values South Carolina 1.5% (2) 0.0% 0.5% 2.0% Virgin Islands 1.2% (2) 0.0% 1.6% 2.8% Wisconsin 1.2% (2) 0.0% 0.1% 1.3%
22 Actions Taken By States To Reduce Benefits: States Reducing Benefit Duration: Arkansas (25) Florida (12-23) Georgia (14-20) Illinois (25) Kansas (16-26) Michigan (20) Missouri (20) North Carolina (5-20) Pennsylvania (18-26) South Carolina (20) Other Types of Actions Used to Reduce Benefits: Elimination of dependents benefits Raised qualifying earnings Changed definitions of misconduct Increased number of weeks of employment needed to requalify for UI after being declared ineligible due to misconduct
23 SIGNIFICANT CHANGES IN STATE BENEFITS/TAXES SINCE THE RECESSION ENDED Increased Reduced Benefit Issued Bonds to Taxable Wage Base 1 Duration 2 Repay Title XII Arkansas Arkansas (25) Arizona Colorado Florida (12-23) Colorado Florida Georgia (14-20) Idaho Illinois Illinois (25) Illinois Indiana Kansas (16-26) Michigan Kentucky Michigan (20) Nevada Mississippi Missouri (20) Pennsylvania New York North Carolina (5-20) Texas Rhode Island Pennsylvania (18-26) South Carolina South Carolina (20) Changed Experience Vermont Rating System Wisconsin New Mexico South Carolina 1. May include a further indexing of the wage base, a phased-in increase, or a delayed increase. 2. States that lowered their maximum potential duration or raised their minimum qualifying duration.
24 First Payment Timeliness 92% Million 20 90% 88% % 84% 82% 80% Percent of First Payments made within 14/21 days GPRA Target for FY 2014 (87.1%) Number of New Initial Intrastate Claims Filed (right scale) Each data point represents the one year period up to and including the given quarter.
25 2001_1 2001_2 2001_3 2001_4 2002_1 2002_2 2002_3 2002_4 2003_1 2003_2 2003_3 2003_4 2004_1 2004_2 2004_3 2004_4 2005_1 2005_2 2005_3 2005_4 2006_1 2006_2 2006_3 2006_4 2007_1 2007_2 2007_3 2007_4 2008_1 2008_2 2008_3 2008_4 2009_1 2009_2 2009_3 2009_4 2010_1 2010_2 2010_3 2010_4 2011_1 2011_2 2011_3 2011_4 2012_1 2012_2 2012_3 2012_4 2013_1 2013_2 2013_3 2013_4 Millions 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Lower Authority Appeals 45-Day Timeliness Rolling 4 Qtrs Number of LAAs Filed (right scale) Secretary's Standard in Regulation (80%) Percent of LAAs decided within 45 days
26 2005_2 2005_3 2005_4 2006_1 2006_2 2006_3 2006_4 2007_1 2007_2 2007_3 2007_4 2008_1 2008_2 2008_3 2008_4 2009_1 2009_2 2009_3 2009_4 2010_1 2010_2 2010_3 2010_4 2011_1 2011_2 2011_3 2011_4 2012_1 2012_2 2012_3 2012_4 2013_1 2013_2 2013_3 2013_4 Days Millions Average Age of Pending Appeals Lower Authority Appeals Number of LAAs Filed (right scale) Average Age of Pending LAAs ALP for LAAs (30 days)
27 2001_1 2001_2 2001_3 2001_4 2002_1 2002_2 2002_3 2002_4 2003_1 2003_2 2003_3 2003_4 2004_1 2004_2 2004_3 2004_4 2005_1 2005_2 2005_3 2005_4 2006_1 2006_2 2006_3 2006_4 2007_1 2007_2 2007_3 2007_4 2008_1 2008_2 2008_3 2008_4 2009_1 2009_2 2009_3 2009_4 2010_1 2010_2 2010_3 2010_4 2011_1 2011_2 2011_3 2011_4 2012_1 2012_2 2012_3 2012_4 2013_1 2013_2 2013_3 2013_4 Millions 100% 95% 90% 85% 80% Lower Authority Appeals Quality Rolling 4 Qtrs % 0.0 Number of LAAs Filed (right scale) Acceptable Level of Performance (80%) Percent of LAAs scoring at least 85% of potential points
28 Timeliness of New Employer Status Determinations 100% Million % 1 90% 85% 80% 75% % Percent of New Employer SDs made within 90 days of quarter-ending date GPRA Target for FY 2014 (88.9%) Number of New Employer Status Determinations (right scale) Each data point represents the one year period up to and including the given quarter.
29 Facilitation of Reemployment 68% 66% 64% 62% 60% 58% 56% 54% 52% 50% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q Reemployment Rate GPRA Target for FY 2013 (63%) Each data point represents the one year period up to and including the given quarter. Referenced quarter is that of reemployment.
30 IPIA UI IMPROPER PAYMENT RATE IPIA 2013 Improper Payment Measures Rate Amount 3 ($ Billions) Amount 4 ($ Billions) Benefits Paid $66.79 $38.99 IPIA Report % Annual Report 11.00% $7.08 $4.48 Underpayment Rate 0.50% $0.31 $0.20 Gross Improper Rate 11.50% $7.68 $4.68 Recoveries $1.46 $1.01 Operational 6.25% $4.17 $ Includes overpayments and underpayments - recoveries 3 Includes State UI, UCFE, UCX, EUC, EB, and FAC 4 Includes State UI, UCFE, and UCX only
31 UI IMPROPER PAYMENT RATE Overpayment Rate UI Overpayment Rates and Amounts by IPIA Year 12% Amount OP (In $ Bil.) 10% $16 $14 8% $12 6% $10 $8 4% $6 2% $4 $2 0% $ Annual Rpt. Rate Operational RateIPIA Year Annual Rpt. $ OP Operational $ OP $18
32 Detection of Overpayments 70% 65% 60% 55% 50% Million % Amount Established by BPC as a % of BAM Estimated Operational Overpayment Amount GPRA Target for FY 2014 (54.2%) Number of Intrastate Continued Weeks Claimed (right scale) Each data point represents the one year period up to and including the given quarter.
33 ROOT CAUSES
34 PROGRAM STRATEGIC PRIORITIES Improved program integrity and reduction of the UI improper payment rate Improved program performance Improved reemployment outcomes for UI claimants Trust fund solvency Increasing state capacity for UI administration UI information technology modernization
35 MIDDLE CLASS TAX RELIEF AND JOB CREATION ACT OF 2012 Still to Come: Short Time Compensation Financial Incentives The Clock is Running Out! Getting States into Conformity Some states still working on new legislation Drug Testing Regulation Defining the Occupations that Regularly Drug Test & Overall Drug Testing Guidance
36 UI IMPROPER PAYMENTS ACCOMPLISHMENTS Activity Everyone Owns Integrity High Priority States SIDES (State Information Data Exchange System) Treasury Offset Program (TOP) Employment Service (ES) Registration Online Work Search Record Financial Data Pilot Accomplishments to-date All states regularly convene cross-functional UI task forces and identify state specific strategies to address state specific root causes. Customized technical assistance to states with persistently high improper payment rates led to all 8 decreasing their rate in 2013, with 3 of the states achieving and maintaining a rate below 10 percent. 38 states have implemented and 10 additional states are on track to implement. 42 states have implemented and 5 additional states are in various stages of implementation. The UI program recovered $1.46 billion in overpayments and DOL met its annual recapture target for FY Customized technical assistance provided to states with the highest ES Registration error rates resulted in a 53 percent reduction in the rate from the 2011 baseline. New York State developed an online tool to effectively capture, organize and share individual UI claimant work search activity information using open source technologies. Research phase with three pilot states showed that financial data cross-matches would have detected approximately 28,000 improper claims totaling $65 million. This detection was 9 to 35 weeks earlier than the date of discovery using current tools. 36
37 MORE INTEGRITY ACTIVITIES UI Integrity Center of Excellence Building data analytics capacity Secure online fraud portal State program integrity training Capturing and sharing successful practices Incarceration data matching Developing model for state BPC operations Review of BAM Methodology Mandatory use of Treasury Offset Program
38 TRUST FUND SOLVENCY President s Budget contains trust fund solvency proposal New cash flow loan conditions be phased in beginning in 2014 (TEN 13-20) which include a solvency target and states must demonstrate a maintenance of tax effort over years prior to the year for which a cash flow loan is requested Webinar:
39 REEMPLOYMENT INITIATIVES Reemployment Connections 5 original states 6 new states 12 states receiving on-site technical assistance 2 new tools close to roll-out for all states Supplemental Budget Opportunity Focus on Long Term Unemployed State Ready to Work Grants Asking Employers to Reexamine Hiring Practices
40 BUILDING SYSTEM CAPACITY Continued support for state consortia as strategy to modernize UI IT infrastructure new models being tested and products of early consortia being leveraged ITSC focused squarely on support for state UI modernization efforts Reengineering UI Program Accountability Processes
41 LOOKING AHEAD Continued focus on rebuilding and re-strengthening the UI program Restoring solvency of UI trust funds Sustained and significant focus on reducing improper payments Improving program performance Reemployment with particular focus on long term unemployed
NATIONAL UNEMPLOYMENT INSURANCE PROGRAM UPDATE GAY GILBERT, ADMINISTRATOR UNEMPLOYMENT INSURANCE USDOL/ETA JUNE 27, 2017
NATIONAL UNEMPLOYMENT INSURANCE PROGRAM UPDATE GAY GILBERT, ADMINISTRATOR UNEMPLOYMENT INSURANCE USDOL/ETA JUNE 27, 2017 UI NATIONAL UPDATE Where is Our Program Today? Quick Look at the Data Strategic
More informationState Unemployment Insurance Tax Survey
444 N. Capitol Street NW, Suite 142, Washington, DC 20001 202-434-8020 fax 202-434-8033 www.workforceatm.org State Unemployment Insurance Tax Survey NATIONAL ASSOCIATION OF STATE WORKFORCE AGENCIES April
More informationThe Unemployment Trust Fund (UTF): State Insolvency and Federal Loans to States
The Unemployment Trust Fund (UTF): State Insolvency and Federal Loans to States Julie M. Whittaker Specialist in Income Security January 12, 2010 Congressional Research Service CRS Report for Congress
More informationWikiLeaks Document Release
WikiLeaks Document Release February 2, 2009 Congressional Research Service Report RS22954 The Unemployment Trust Fund (UTF): State Insolvency and Federal Loans to States Kathleen Romig, Analyst in Income
More informationUnemployment Flash Report
Unemployment Flash Report TAX INFORMATION: UI Administration Information begins on page 4. Volume 4, Issue 11 September 8, 2014 Equifax Workforce Solutions BLOG!!! For the very latest information join
More informationThe Unemployment Trust Fund (UTF): State Insolvency and Federal Loans to States
Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 1-12-2010 The Unemployment Trust Fund (UTF): State Insolvency and Federal Loans to States Julie M. Whittaker
More informationThe Unemployment Trust Fund (UTF): State Insolvency and Federal Loans to States
Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 9-20-2012 The Unemployment Trust Fund (UTF): State Insolvency and Federal Loans to States Julie M. Whittaker
More informationThe Unemployment Trust Fund (UTF): State Insolvency and Federal Loans to States
The Unemployment Trust Fund (UTF): State Insolvency and Federal Loans to States Julie M. Whittaker Specialist in Income Security May 5, 2014 The House Ways and Means Committee is making available this
More informationPhase-Out of Federal Unemployment Insurance
National Employment Law Project Phase-Out of Federal Unemployment Insurance FACT SHEET June 2012 As of June 2012, 24 states will no longer qualify for a portion of benefits under the federal Emergency
More informationPayroll for Small Businesses: How Legislative Changes Will Affect Your Business in 2011
Payroll for Small Businesses: How Legislative Changes Will Affect Your Business in 2011 Nadine Hughes, CPP VP Tax Services CompuPay Inc. EFTPS Many small employers will have to start using EFTPS for payroll
More informationUnemployment Insurance: Programs and Benefits
Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 9-17-2013 Unemployment Insurance: Programs and Benefits Julie M. Whittaker Congressional Research Service Katelin
More informationUnemployment Insurance: Programs and Benefits
Unemployment Insurance: Programs and Benefits Julie M. Whittaker Specialist in Income Security Katelin P. Isaacs Analyst in Income Security February 12, 2014 Congressional Research Service 7-5700 www.crs.gov
More informationUnemployment Insurance: Programs and Benefits
Unemployment Insurance: Programs and Benefits Julie M. Whittaker Specialist in Income Security Katelin P. Isaacs Analyst in Income Security November 20, 2013 CRS Report for Congress Prepared for Members
More informationUnemployment Insurance: Programs and Benefits
Unemployment Insurance: Programs and Benefits Julie M. Whittaker Specialist in Income Security Katelin P. Isaacs Analyst in Income Security January 26, 2015 Congressional Research Service 7-5700 www.crs.gov
More informationFinancing State Accounts in the Unemployment Trust Fund: Title XII Advances and Alternative Payment Options
Financing State Accounts in the Unemployment Trust Fund: Title XII Advances and Alternative Payment Options Suzanne Simonetta Chief, Division of Legislation What Does the Borrowing Landscape Look Like??
More informationRestoring Unemployment Insurance as Social Insurance
Presentations Upjohn Research home page 2017 Restoring Unemployment Insurance as Social Insurance Christopher J. O'Leary W.E. Upjohn Institute, oleary@upjohn.org Citation O'Leary, Christopher J. "Restoring
More informationCheckpoint Payroll Sources All Payroll Sources
Checkpoint Payroll Sources All Payroll Sources Alabama Alaska Announcements Arizona Arkansas California Colorado Connecticut Source Foreign Account Tax Compliance Act ( FATCA ) Under Chapter 4 of the Code
More informationIRORA INTERSTATE RECIPROCAL OVERPAYMENT RECOVERY ARRANGEMENT. Katie S. Baltensperger Nebraska Department of Labor
IRORA INTERSTATE RECIPROCAL OVERPAYMENT RECOVERY ARRANGEMENT Katie S. Baltensperger Nebraska Department of Labor WHAT IS THE IRORA AGREEMENT? Agreement among states to collect overpayments of unemployment
More informationUnemployment Insurance: Programs and Benefits
Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 12-9-2015 Unemployment Insurance: Programs and Benefits Julie M. Whittaker Congressional Research Service Katelin
More informationState Individual Income Taxes: Personal Exemptions/Credits, 2011
Individual Income Taxes: Personal Exemptions/s, 2011 Elderly Handicapped Blind Deaf Disabled FEDERAL Exemption $3,700 $7,400 $3,700 $7,400 $0 $3,700 $0 $0 $0 $0 Alabama Exemption $1,500 $3,000 $1,500 $3,000
More informationIncome from U.S. Government Obligations
Baird s ----------------------------------------------------------------------------------------------------------------------------- --------------- Enclosed is the 2017 Tax Form for your account with
More informationThe table below reflects state minimum wages in effect for 2014, as well as future increases. State Wage Tied to Federal Minimum Wage *
State Minimum Wages The table below reflects state minimum wages in effect for 2014, as well as future increases. Summary: As of Jan. 1, 2014, 21 states and D.C. have minimum wages above the federal minimum
More information8, ADP,
2013 Tax Changes Beginning with your first payroll with checks dated in 2013, employees may notice changes in their paychecks due to updated 2013 federal and state tax requirements. This document will
More informationUnemployment Insurance: Consequences of Changes in State Unemployment Compensation Laws
Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 10-30-2013 Unemployment Insurance: Consequences of Changes in State Unemployment Compensation Laws Katelin
More informationUnemployment Flash Report
Unemployment Flash Report October 6, 2014 UI TAX INFORMATION: Equifax Workforce Solutions BLOG!!! For the very latest information join us on our blog. http://insight.equifax.com FUTA CREDIT REDUCTION CHART:
More informationRecourse for Employees Misclassified as Independent Contractors Department for Professional Employees, AFL-CIO
Recourse for Employees Misclassified as Independent Contractors Department for Professional Employees, AFL-CIO State Relevant Agency Contact Information Online Resources Online Filing Alabama Department
More informationKentucky , ,349 55,446 95,337 91,006 2,427 1, ,349, ,306,236 5,176,360 2,867,000 1,462
TABLE B MEMBERSHIP AND BENEFIT OPERATIONS OF STATE-ADMINISTERED EMPLOYEE RETIREMENT SYSTEMS, LAST MONTH OF FISCAL YEAR: MARCH 2003 Beneficiaries receiving periodic benefit payments Periodic benefit payments
More informationState Corporate Income Tax Collections Decline Sharply
Corporate Income Tax Collections Decline Sharply Nicholas W. Jenny and Donald J. Boyd The Rockefeller Institute Fiscal News: Vol. 1, No. 3 July 26, 2001 According to a report from the Congressional Budget
More informationSales Tax Return Filing Thresholds by State
Thanks to R&M Consulting for assistance in putting this together Sales Tax Return Filing Thresholds by State State Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Filing Thresholds
More informationUnion Members in New York and New Jersey 2018
For Release: Friday, March 29, 2019 19-528-NEW NEW YORK NEW JERSEY INFORMATION OFFICE: New York City, N.Y. Technical information: (646) 264-3600 BLSinfoNY@bls.gov www.bls.gov/regions/new-york-new-jersey
More informationPAY STATEMENT REQUIREMENTS
PAY MENT 2017 PAY MENT Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia No generally applicable wage payment law for private employers. Rate
More informationAnnual Costs Cost of Care. Home Health Care
2017 Cost of Care Home Health Care USA National $18,304 $47,934 $114,400 3% $18,304 $49,192 $125,748 3% Alaska $33,176 $59,488 $73,216 1% $36,608 $63,492 $73,216 2% Alabama $29,744 $38,553 $52,624 1% $29,744
More informationDFA INVESTMENT DIMENSIONS GROUP INC. DIMENSIONAL INVESTMENT GROUP INC. Institutional Class Shares January 2018
DFA INVESTMENT DIMENSIONS GROUP INC. DIMENSIONAL INVESTMENT GROUP INC. Institutional Class Shares January 2018 Supplementary Tax Information 2017 The following supplementary information may be useful in
More informationPay Frequency and Final Pay Provisions
Pay Frequency and Final Pay Provisions State Pay Frequency Minimum Final Pay Resign Final Pay Terminated Alabama Bi-weekly or semi-monthly No Provision No Provision Alaska Semi-monthly or monthly Next
More informationNELP Briefing Paper. Indexed State Taxable Wage Bases: Taking A Significant Step Toward Better UI Financing
NELP Briefing Paper Indexed State Taxable Wage Bases: Taking A Significant Step Toward Better UI Financing Rick McHugh, Staff Attorney Andrew Stettner, Policy Analyst National Employment Law Project February
More informationUnemployment Compensation (Insurance) and Military Service
Unemployment Compensation (Insurance) and Military Service Julie M. Whittaker Specialist in Income Security April 24, 2013 CRS Report for Congress Prepared for Members and Committees of Congress Congressional
More informationThe Costs and Benefits of Half a Loaf: The Economic Effects of Recent Regulation of Debit Card Interchange Fees. Robert J. Shapiro
The Costs and Benefits of Half a Loaf: The Economic Effects of Recent Regulation of Debit Card Interchange Fees Robert J. Shapiro October 1, 2013 The Costs and Benefits of Half a Loaf: The Economic Effects
More information2012 RUN Powered by ADP Tax Changes
2012 RUN Powered by ADP Tax Changes Dear Valued ADP Client, Beginning with your first payroll with checks dated in 2012, you and your employees may notice changes in your paychecks due to updated 2012
More informationUnderstanding Oregon s Throwback Rule for Apportioning Corporate Income
Understanding Oregon s Throwback Rule for Apportioning Corporate Income Senate Interim Committee on Finance and Revenue January 12, 2018 2 Apportioning Corporate Income Apportionment is a method of dividing
More informationUndocumented Immigrants are:
Immigrants are: Current vs. Full Legal Status for All Immigrants Appendix 1: Detailed State and Local Tax Contributions of Total Immigrant Population Current vs. Full Legal Status for All Immigrants
More informationConfronting the UI Solvency Crisis
Confronting the UI Solvency Crisis Andrew Stettner Deputy Director Serious UI Financing i Crisis i UI programs are set up to be self-financing. State funds are deposited in and guarded by the U.S. Treasury,
More informationMotor Vehicle Sales/Use, Tax Reciprocity and Rate Chart-2005
The following is a Motor Vehicle Sales/Use Tax Reciprocity and Rate Chart which you may find helpful in determining the Sales/Use Tax liability of your customers who either purchase vehicles outside of
More informationAbility-to-Repay Statutes
Ability-to-Repay Statutes FEDERAL ALABAMA ALASKA ARIZONA ARKANSAS CALIFORNIA STATUTE Truth in Lending, Regulation Z Consumer Credit Secure and Fair Enforcement for Bankers, Brokers, and Loan Originators
More informationMutual Fund Tax Information
2008 Mutual Fund Tax Information We have provided this information as a service to our shareholders. Thornburg Investment Management cannot and does not give tax or accounting advice. If you have further
More informationMutual Fund Tax Information
Mutual Fund Tax Information We have provided this information as a service to our shareholders. Thornburg Investment Management cannot and does not give tax or accounting advice. If you have further questions
More informationTax Recommendations and Actions in Other States. Joel Michael House Research Department June 9, 2011
Tax Recommendations and Actions in Other States Joel Michael House Research Department June 9, 2011 Governors FY 2012 Recommendations 12 governors recommend net revenue (tax and fee) increases 12 governors
More informationCLMS BRIEF 2 - Estimate of SUI Revenue, State-by-State
CLMS BRIEF 2 - Estimate of SUI Revenue, State-by-State Estimating the Annual Amounts of Unemployment Insurance Tax Collections From Individual States for Financing Adult Basic Education/ Job Training Programs
More informationSTATE MINIMUM WAGES 2017 MINIMUM WAGE BY STATE
STATE MINIMUM WAGES 2017 MINIMUM WAGE BY STATE The table below, created by the National Conference of State Legislatures (NCSL), reflects current state minimum wages in effect as of January 1, 2017, as
More informationUnemployment Compensation (Insurance) and Military Service
Unemployment Compensation (Insurance) and Military Service Julie M. Whittaker Specialist in Income Security January 13, 2012 CRS Report for Congress Prepared for Members and Committees of Congress Congressional
More informationState Income Tax Tables
ALABAMA 1 st $1,000... 2% Next 5,000... 4% Over 6,000... 5% ALASKA... 0% ARIZONA 1 1 st $10,000... 2.87% Next 15,000... 3.2% Next 25,000... 3.74% Next 100,000... 4.72% Over 150,000... 5.04% ARKANSAS 1
More informationTermination Final Pay Requirements
State Involuntary Termination Voluntary Resignation Vacation Payout Requirement Alabama No specific regulations currently exist. No specific regulations currently exist. if the employer s policy provides
More informationTermination Pay: When to Pay It, How to Pay It, and How to Tax It. Mindy Harada Mayo Ryan, LLC
Pay: When to Pay It, How to Pay It, and How to Tax It Mindy Harada Mayo Ryan, LLC Mindy.Mayo@ryan.com Employment Tax Issues Pay-When you have to pay Ramification to UI Funds WARN Act Severance Payments
More informationImpacts of Prepayment Penalties and Balloon Loans on Foreclosure Starts, in Selected States: Supplemental Tables
THE UNIVERSITY NORTH CAROLINA at CHAPEL HILL T H E F R A N K H A W K I N S K E N A N I N S T I T U T E DR. MICHAEL A. STEGMAN, DIRECTOR T 919-962-8201 OF PRIVATE ENTERPRISE CENTER FOR COMMUNITY CAPITALISM
More informationFederal Rates and Limits
Federal s and Limits FICA Social Security (OASDI) Base $118,500 Medicare (HI) Base No Limit Social Security (OASDI) Percentage 6.20% Medicare (HI) Percentage Maximum Employee Social Security (OASDI) Withholding
More informationFederal Registry. NMLS Federal Registry Quarterly Report Quarter I
Federal Registry NMLS Federal Registry Quarterly Report 2012 Quarter I Updated June 6, 2012 Conference of State Bank Supervisors 1129 20 th Street, NW, 9 th Floor Washington, D.C. 20036-4307 NMLS Federal
More informationHow Much Would a State Earned Income Tax Credit Cost in Fiscal Year 2018?
820 First Street NE, Suite 510 Washington, DC 20002 Tel: 202-408-1080 Fax: 202-408-1056 center@cbpp.org www.cbpp.org Updated February 8, 2017 How Much Would a State Earned Income Tax Cost in Fiscal Year?
More informationAIG Benefit Solutions Producer Licensing and Appointment Requirements by State
3600 Route 66, Mail Stop 4J, Neptune, NJ 07754 AIG Benefit Solutions Producer Licensing and Appointment Requirements by State As an industry leader in the group insurance benefits market, AIG is firmly
More informationUnemployment Insurance: Consequences of Changes in State Unemployment Compensation Laws
Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 8-31-2016 Unemployment Insurance: Consequences of Changes in State Unemployment Compensation Laws Katelin P.
More informationTA X FACTS NORTHERN FUNDS 2O17
TA X FACTS 2O17 Northern Funds Tax Facts provides specific information about your Northern Funds investment income and capital gain distributions for 2017. If you have any questions about how to apply
More information820 First Street, NE, Suite 510, Washington, DC Tel: Fax:
820 First Street, NE, Suite 510, Washington, DC 20002 Tel: 202-408-1080 Fax: 202-408-1056 center@cbpp.org http://www.cbpp.org June 26, 2002 THE IMPORTANCE OF USING MOST RECENT WAGES TO DETERMINE UNEMPLOYMENT
More informationMinimum Wage Laws in the States - April 3, 2006
1 of 15 Wage Laws in the States - April 3, 2006 Note: Where Federal and state law have different minimum wage rates, the higher standard applies. Wage and Overtime Standards Applicable to Nonsupervisory
More informationThe Effect of the Federal Cigarette Tax Increase on State Revenue
FISCAL April 2009 No. 166 FACT The Effect of the Federal Cigarette Tax Increase on State Revenue By Patrick Fleenor Today the federal cigarette tax will rise from 39 cents to $1.01 per pack. The proceeds
More informationState Resources for Employees Misclassified as Independent Contractors Department for Professional Employees, AFL CIO December 2015
State Resources for Employees Misclassified as Independent Contractors Department for Professional Employees, AFL CIO December 2015 State Relevant Agency Contact Information Online Resources Online Filing
More informationEBRI Databook on Employee Benefits Chapter 6: Employment-Based Retirement Plan Participation
EBRI Databook on Employee Benefits Chapter 6: Employment-Based Retirement Plan Participation UPDATED July 2014 This chapter looks at the percentage of American workers who work for an employer who sponsors
More informationATHENE Performance Elite Series of Fixed Index Annuities
Rates Effective August 8, 05 ATHE Performance Elite Series of Fixed Index Annuities State Availability Alabama Alaska Arizona Arkansas Product Montana Nebraska Nevada New Hampshire California PE New Jersey
More informationMEDICAID BUY-IN PROGRAMS
MEDICAID BUY-IN PROGRAMS Under federal law, states have the option of creating Medicaid buy-in programs that enable employed individuals with disabilities who make more than what is allowed under Section
More informationMINIMUM WAGE WORKERS IN HAWAII 2013
WEST INFORMATION OFFICE San Francisco, Calif. For release Wednesday, June 25, 2014 14-898-SAN Technical information: (415) 625-2282 BLSInfoSF@bls.gov www.bls.gov/ro9 Media contact: (415) 625-2270 MINIMUM
More informationUnemployment insurance: how do you rate?
Watch the webcast replay here Unemployment insurance: how do you rate? 7 August 2014 Disclaimer This material has been prepared for general informational purposes only and is not intended to be relied
More informationPut in place to assist the unemployed or underemployed.
By:Erin Sollund The federal government Put in place to assist the unemployed or underemployed. Medicaid, The Women, Infants, and Children (WIC) Program, and Aid to Families with Dependent Children (AFDC)
More information# of Credit Unions As of March 31, 2011
# of Credit Unions # of Credit Unins # of Credit Unions As of March 31, 2011 8,600 8,400 8,200 8,000 8,478 8,215 7,800 7,909 7,600 7,400 7,651 7,442 7,200 7,000 6,800 # of Credit Unions -Trend By Asset-Based
More information!!!!!!!! Testimony!of! Andrew!Stettner! National!Employment!Law!Project!!!! Hearing!Before!the! U.S.!House!of!Representatives,!
Testimonyof AndrewStettner NationalEmploymentLawProject HearingBeforethe U.S.HouseofRepresentatives, Ways&MeansCommittee, SubcommitteeonIncomeSecurity&FamilySupport May4,2010 AndrewStettner,DeputyDirector
More information10 yrs. The benefit is capped at 80% of FAS. An elected official may. 2% (first 10 yrs.); or 2.25% (second 10 yrs.); or 2.5% over 20 yrs.
Table 3.13 STATE LEGISLATIVE RETIREMENT BENEFITS Alabama... Alaska... Age 60 with 10 yrs. Employee 6.75% 2% (first 10 yrs.); or 2.25% (second 10 yrs.); or 2.5% over 20 yrs. x average salary over 5 highest
More informationFingerprint, Biographical Affidavit and Third-Party Verification Reports Requirements
Updates to the State Specific Information Fingerprint, Biographical Affidavit and Third-Party Verification Reports Requirements State Requirements For Licensure Requirements After Licensure (Non-Domestic)
More informationUnemployment Compensation (Insurance) and Military Service
Order Code RS22440 Updated January 23, 2007 Unemployment Compensation (Insurance) and Military Service Summary Julie M. Whittaker Specialist in Economics Domestic Social Policy Division The Unemployment
More informationUnemployment Compensation (Insurance) and Military Service
Unemployment Compensation (Insurance) and Military Service Julie M. Whittaker Specialist in Income Security December 30, 2010 Congressional Research Service CRS Report for Congress Prepared for Members
More informationPresented by: Louisiana Department of Health Molina Medicaid Solutions
Presented by: Louisiana Department of Health Molina Medicaid Solutions The PERM program is designed to measure improper payments in the Medicaid and CHIP programs. During each PERM Cycle, CMS hosts multiple
More informationResidual Income Requirements
Residual Income Requirements ytzhxrnmwlzh Ch. 4, 9-e: Item 44, Balance Available for Family Support (04/10/09) Enter the appropriate residual income amount from the following tables in the guideline box.
More informationNotice on Reallotment of Workforce Investment Act (WIA) Title I Formula Allotted Funds
This document is scheduled to be published in the Federal Register on 05/14/2014 and available online at http://federalregister.gov/a/2014-11045, and on FDsys.gov DEPARTMENT OF LABOR Employment and Training
More informationMapping the geography of retirement savings
of savings A comparative analysis of retirement savings data by state based on information gathered from over 60,000 individuals who have used the VoyaCompareMe online tool. Mapping the geography of retirement
More informationCAPITOL research. States Face Medicaid Match Loss After Recovery Act Expires. health
CAPITOL research MAR health States Face Medicaid Match Loss After Expires Summary Medicaid, the largest health insurance program in the nation, is jointly financed by state and federal governments. The
More informationSupporting innovation and economic growth. The broad impact of the R&D credit in Prepared by Ernst & Young LLP for the R&D Credit Coalition
Supporting innovation and economic growth The broad impact of the R&D credit in 2005 Prepared by Ernst & Young LLP for the R&D Credit Coalition April 2008 Executive summary Companies of all sizes, in a
More informationChapter D State and Local Governments
Chapter D State and Local Governments State and Local Governments contains detailed information on the taxes, revenues, and expenditures of states and localities. The public finances of these two levels
More informationCRS Report for Congress
Order Code RS21071 Updated February 15, 2005 CRS Report for Congress Received through the CRS Web Medicaid Expenditures, FY2002 and FY2003 Summary Karen L. Tritz Analyst in Social Legislation Domestic
More informationFHA Manual Underwriting Exceeding 31% / 43% DTI Eligibility Quick Reference
Credit Score/ Compensating Factor(s)* No Compensating Factor One Compensating Factor Two Compensating Factors No Discretionary Debt Maximum DTI 31% / 43% 37% / 47% 40% / 50% 40% / 40% *Acceptable compensating
More informationTotal state and local business taxes
Total state and local business taxes State-by-state estimates for fiscal year 2017 November 2018 Executive summary This study presents detailed state-by-state estimates of the state and local taxes paid
More informationJ.P. Morgan Funds 2018 Distribution Notice
J.P. Morgan Funds 2018 Distribution Notice To assist you in preparing your 2018 Tax returns, we re pleased to provide this distribution notice for your J.P.Morgan Fund investment. If you are unclear about
More informationFingerprint and Biographical Affidavit Requirements
Updates to the State-Specific Information Fingerprint and Biographical Affidavit Requirements State Requirements For Licensure Requirements After Licensure (Non-Domestic) Alabama NAIC biographical affidavit
More information2016 Client Payroll Information Guide
2016 Client Payroll Information Guide 2 3 ACA Guidance-Notice to Employees of Coverage Options Positive Pay Clients State & Local Tax Forms DOL Delays Proposed FSLA Changes IN THIS ISSUE 4 State Minimum
More information(In effect as of January 1, 2006*) TABLE 17. OFFSET PROVISIONS IN STATE WORKERS' COMPENSATION LAWS
(In effect as of January 1, 2006*) TABLE 17. OFFSET PROVISIONS IN STATE WORKERS' COMPENSATION LAWS ALASKA Section 23.30.224--When public employees receive total disability compensation, compensation is
More informationRequired Training Completion Date. Asset Protection Reciprocity
Completion Alabama Alaska Arizona Arkansas California State Certification: must complete initial 16 hours (8 hrs of general LTC CE and 8 hrs of classroom-only CE specifically on the CA for LTC prior to
More informationWikiLeaks Document Release
WikiLeaks Document Release February 2, 2009 Congressional Research Service Report RS21071 Medicaid Expenditures, FY2003 and FY2004 Karen Tritz, Domestic Social Policy Division January 17, 2006 Abstract.
More informationTotal state and local business taxes
Total state and local business taxes State-by-state estimates for fiscal year 2016 August 2017 Executive summary This study presents detailed state-by-state estimates of the state and local taxes paid
More informationFinancing Unemployment Benefits in Today s Tough Economic Times
Financing Unemployment Benefits in Today s Tough Economic Times Maurice Emsellem 7 th Annual Workers Voice State Legislative Issues Conference July 19, 2003. Today s Funding Situation The Good, the Bad
More information# of Credit Unions As of September 30, 2011
# of Credit Unions # of Credit Unions # of Credit Unions As of September 30, 2011 8,400 8,200 8,000 7,800 7,600 7,400 7,200 8,332 8,065 7,794 7,556 7,325 7,000 6,800 9,000 8,000 7,000 6,000 5,000 4,000
More informationChild Care Assistance Spending and Participation in 2016
Policy solutions that work for low-income people Child Care Assistance Spending and Participation in 2016 i Background The Child Care and Development Block Grant (CCDBG) is the primary federal funding
More informationState Tax Treatment of Social Security, Pension Income
State Tax Treatment of Social Security, Pension Income The following chart Provides a general overview of how states treat income from Social Security and pensions for the 2016 tax year unless otherwise
More information2014 STATE AND FEDERAL MINIMUM WAGES HR COMPLIANCE CENTER
2014 STATE AND FEDERAL MINIMUM WAGES HR COMPLIANCE CENTER The federal Fair Labor Standards Act (FLSA), which applies to most employers, establishes minimum wage and overtime requirements for the private
More informationYear-End Tax Tables Applicable to Form 1099-DIV Page 2 Qualified Dividend Income
Year-End Tax Tables This document contains general information to assist you in completing your 2016 tax returns. You should consult your tax advisor to determine the appropriate use of these tables. This
More informationQ Homeowner Confidence Survey Results. May 20, 2010
Q1 2010 Homeowner Confidence Survey Results May 20, 2010 The Zillow Homeowner Confidence Survey is fielded quarterly to determine the confidence level of American homeowners when it comes to the value
More informationBulletin. Annuity Requirement and AML Training available through Quest CE
Bulletin Marketing/Annuity Annuity Requirement and AML Training available through Quest CE In order to conform to the NAIC Suitability in Annuity transactions Model Regulation (NAIC-275) Presidential Life
More information