WI UI Special Interest Assessment - WI Department of Workforce Development

 

"Like many other states, Wisconsin’s Unemployment Insurance (UI) Reserve Fund had to rely on federal loans to help fund unemployment benefits paid to record numbers of claimants during and following the deep national recession of 2007-09.

 

The federal government began charging states interest on these loans in 2011, and Wisconsin in September 2011 made its first payment, totaling $42.3 million, with funds collected through a special assessment on employers.

 

Thanks to a number of factors, including an improved economy, we are pleased to report that the next interest payment, due on September 30, 2012, is estimated to be $35.6 million, meaning the special assessment rates for employers is significantly less this year..."