Does EmploymentSecurity know how much is issued each year in excess unemployment benefits?
A. Each year, the department audits a sample of unemployment claims to measurethe accuracy of the benefit payment system. For 2006, the department estimated that approximately $48 million of the $720million paid in benefits were overpayments. This represented about 6.3 percent of all claims – an improvement from the8 percent overpayment rate in 2005. About 90 percent of overpayments occur because inaccurate information is provided by claimantsor by employers. Common issues include claimants not telling the truth about why they lost their jobs and employers misreportingwages on quarterly tax reports. Another primary cause of overpayments is claimants not actively looking for work while collectingbenefits. Agency errors, such as approving training for claimants who were not eligible and data-entry mistakes, account for a verysmall percentage of all overpayments. Q.
Related Questions
- For tax year 2009, the first $2,400 in unemployment benefits was not taxable by the Federal Government. Does this rule apply for the 2010 tax year too?
- Does Employment Security know how much is issued each year in excess unemployment benefits?
- Does EmploymentSecurity know how much is issued each year in excess unemployment benefits?
