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Division of Unemployment Insurance Employer Services P.O. Box 8789, Denver, CO 802018789UNEMPLOYMENT INSURANCE QUARTERLYREPORT ADJUSTMENT INSTRUCTIONS ON REVERSE Employer Account Cumberbatch/Landowner,.
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Co uitr 1 FAQ
The payment of unemployment benefits is funded through employer premiums. Employers are required to pay premiums through a quarterly premium-report and wage-report process.
Wages are defined as all “earned, vested and determinable” amounts for labor or service performed by employees, regardless of the method of calculation (i.e. time, task, piece, commission, etc.) Some forms of “earned” compensation include bonuses, commissions, and vacation pay.
Colorado's Required Notice for Separating Employees—New Form Released. In May 2022, Colorado passed a new law requiring employers to provide a notice to all separating employees alerting them that unemployment compensation benefits may be available.
The payment of unemployment benefits is funded through employer premiums. Employers are required to pay premiums through a quarterly premium-report and wage-report process.
Colorado provides up to 26 weeks of regular unemployment benefits. If you exhaust your regular benefits, you may be eligible for up to 13 additional weeks of state extended benefits (SEB) if the state's insured unemployment rate exceeds five percent. You do not need to take any action to access state extended benefits.
UI tax is paid on each employee's wages up to a maximum annual amount. That amount, known as the "taxable wage base" or "chargeable wage limit," increases every year in Colorado. For current information, check the Premium Rates page on the CDLE website.
How much does unemployment pay? Unemployment benefits are approximately 55 percent of a person's average weekly wage over a 12-month time period. Click here to estimate your potential payments. The maximum benefit amount available is $742 per week.
Chargeable wages are wages paid to each employee that are subject to annual UI premiums. For 2021, the chargeable wage amount per employee is $13,600.
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