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In 2001, the Indiana General Assembly passed HB1962. The purpose is to provide a fund for incumbent worker training.
An assessment will be based on the employer’s previous calendar year’s unemployment insurance (UI) taxable wages, at the rate of .09%. Example: if an employer’s previous calendar year taxable wage totals $7,000 the assessment would be $6.30
The law requires that the assessment be mailed on or before May 1st of each year. If a balance is due, a follow-up assessment notice will be mailed.
The first assessment will be due May 31, 2002.
The employer will return the tear-off coupon with payment in the return addressed envelope provided.
Worker Training Fund
PO Box 6285
Indianapolis, IN 46206-6285
A one-time penalty fee of $25.00 and an interest rate of 1% per month will be assessed. Example: If the assessment of $6.30 is postmarked June 10, 2002, interest of $0.06 and penalty of $25.00 will be assessed.
Tax rate schedules A, B, C & D have been reduced by 0.1%. Note: HB1962 will not affect the employer’s (UI) Experience Account.
Please call the Department of Workforce Development toll free number at (800) 891-6499 or within Marion County call (317) 232-7436. Hours of Operation are 8:00am – 4:30pm, Monday – Friday (Eastern Standard Time).
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