Contributions
The taxable wage base is $15,000 per employee. Contributions due are calculated by multiplying the COVID-19 Assessment rate and the employer’s quarterly taxable wages.
There is no additional reporting requirement for the COVID-19 Recovery Assessment. Contributions due will be automatically calculated for subject employers when quarterly Employment and Wage Detail reports are filed.
Who does this affect?
All private-contributory, experience-rated employers are subject to the COVID-19 Recovery Assessment.
Exemptions
Employers not subject to the COVID-19 Recovery Assessment are:
- Reimbursable employers
- Governmental employers
- New non-construction and construction employers that received new employer UI rates
- Employers with zero 3 Year Average Wages on their 2021 rate notice that received assigned UI rates
- Nonprofit employers that have changed their method of payment to contributory within the last three years
COVID-19 Recovery Assessment Rates
The COVID-19 Recovery Assessment rate is an assigned rate based on the employer’s UI rate. The 2021 COVID-19 Recovery Assessment Rate Schedule shows the assigned COVID-19 Recovery Assessment rate for each UI rate, equal to 10.50% of an employer’s corresponding UI rate. 2021 COVID-19 Recovery Assessment rates are effective January 1, 2021.
2021 COVID-19 Recovery Assessment rates are now available on UI Online. To view your 2021 UI rate and your COVID-19 Recovery Assessment rate, please log in to your UI Online account and click on “Account Maintenance” then “View Rate Notice.”