What option is available for not-for-profit or governmental employers?
If your entity is a not-for-profit or govermental employer, you may elect the alternate payment in lieu of contributions method of funding. For further information, please go to Financing Unemployment Insurance – Options for Non-profit or Governmental Employers (Form 2024 ). This fact sheet describes the two options available for your orgainization; the reimbursable and the contributory methods. What is my contribution rate if I am a new employer? The initial contribution rate for new employers without an unemployment insurance history is set at the positive reserve percentage of 10.5 and less than 11.0 for the current schedule. Therefore, this rate changes any time the schedule changes. New employers in the construction industry (NAICS Code 23) are assigned the average rate of employers in this NAICS code. This “new employer rate” remains in effect for two years and then experience rating begins. What is experience rating? DUA uses a system of credits and debits to determine the balan
