This week the House and Senate Joint Committee on Unemployment Compensation Reform kicked off its series of hearings.
In testimony, Bruce Madson, Assistant Director, Employment Services, Ohio Department of Jobs and Family Services, provided a historical overview, solvency report, and total system review for the committee members. He also said that the state is likely pay off the remaining portion of its federal debt next week.
He stated the agency estimated the temporary state employer surcharge next year to be $54/employee. With the debt paid off and the addition of the surcharge employers will be looking at a net savings per employee of $72 in 2017.
The next committee hearing is slated for September 15th. Members interested in participating in the hearings can contact OMA’s Rob Brundrett. 8/25/2016