Unemployment automation adjustment, amount
Most employers who pay into Missouri's unemployment system also owe a small extra fee called an automation adjustment. This fee is 0.02% of the wages they paid over the past year. The state sends employers a bill for this by March 31st each year, and it is late if not paid within 30 days. The money goes into a special fund. To help offset this extra fee, the employer's regular unemployment payment for the first three months of the year gets reduced by that same amount — but never below zero.
288.133. Unemployment , amount — reductions, when. — 1. Each employer for this chapter, except employers with a equal to zero, shall pay an annual unemployment automation adjustment in an amount equal to two one-hundredths of one percent of such employer's total for the twelve-month period ending the preceding June thirtieth.
2. 1 of this section to the contrary, the may reduce the automation adjustment percentage to ensure that the total amount of adjustment due from all employers under this section shall not exceed five million dollars annually.
3. Each employer liable to pay an automation adjustment shall be notified of the amount due under this section by March thirty-first of each year and such amount shall be considered thirty days thereafter. Delinquent unemployment automation adjustment amounts may be collected in the manner provided under sections 288.160 and 288.170. All moneys collected under this section shall be deposited in the established in section 288.132.
4. For the first quarter of each , the total amount of otherwise due from each employer liable to pay contributions under this chapter shall be reduced by the dollar amount of unemployment automation adjustment due from such employer pursuant to subsection 1 of this section. However, the amount of contributions due from such employer for the first quarter of the calendar year in question shall not be reduced below zero.
Tap any gold-underlined word to see what it means.
Red section numbers link to that law.
Source & history notes
(L. 2022 H.B. 2168) Effective 1-01-23
Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.