| Notification of Employment Security Fund
Quarterly Tax Statements Delayed Mailing of the second quarter Employer Quarterly Tax Statements (TX-17) is scheduled to be completed in the first week of July, 2009. The mailing was delayed due to the potential imposition of a .3% surtax which was waived in the 2009-2010 budget recently approved. The .3% surtax will NOT be imposed to Rhode Island employers for 2009. Questions may be directed to the Division of Taxation at (401) 574-8700, option 2, "Accounts and Control." |
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IMPORTANT NOTICE TO
RHODE ISLAND EMPLOYERS |
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The following information is effective for calendar year 2009.
Employment Security Taxable Wage Base - $18,000 per employee Job Development Fund Temporary Disability Taxable Wage Base - $56,000 per employee Tax Rate – 1.5 percent (.015) |
The primary goal of the Employer Tax Section is to provide and account for the funding needed to pay Unemployment Insurance benefits to eligible jobless workers, and Temporary Disability Insurance benefits to eligible workers idled by non work-related injury or illness. These programs provide economic stability to workers, families, communities and the Rhode Island economy as a whole.
The Employer Tax Section processes all Quarterly Tax and Wage Reports (Form TX-17) and accompanying tax payments, submitted by Rhode Island employers. These payments include all required Employment Security, Job Development Fund, Reemployment Fund and Temporary Disability Insurance taxes.
Employment Security Tax:
Employers pay this tax to fund benefits for workers during periods of unemployment. Contributions collected from Rhode Island employers under this tax are used exclusively to pay benefits to unemployed workers.
Job Development Fund Tax:
Employers pay an assessment of 0.21% to support the Rhode Island Human Resource Investment Council (HRIC), as well as Employment Services and Unemployment Insurance activities. The HRIC assists Rhode Island employers by funding a variety of projects designed to improve and upgrade the skills of the existing workforce. Each employer's Employment Security tax rate is reduced annually by 0.21% to ensure that this program does not result in a tax increase. For information about the HRIC, refer to their section of the Employer Handbook, or call (401) 462-8860.
Temporary Disability Insurance Tax:
Employees pay this tax through
payroll deduction to fund benefits for workers unable to work due to non
work-related injury or illness. Employers are responsible for making the
required deductions from their workers' earnings and forwarding all TDI
withholdings to the Employer Tax Section each quarter along with all required
Employment Security, Job Development Fund and Reemployment Fund taxes.