108.151 Financing benefits for employees of nonprofit organizations.

645 words·~3 min read·/wi/chapter-108/108-151

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Employer’s contribution rate. Each nonprofit organization which is or becomes an employer subject to this chapter shall be subject to all its provisions except as it may elect reimbursement financing in accordance with sub.

(2). If such an approved election is terminated, the employer’s contribution rate shall be 2.5 percent on its payroll for each of the next 3 calendar years.

(2)Election of reimbursement financing. Any nonprofit organization may, in lieu of the contribution requirements of ss. 108.17 and 108.18 , elect reimbursement financing, as of the beginning of any calendar year, subject to the following requirements:

(a)It shall file a written notice to that effect with the department before the beginning of such year except that if the employer became newly subject to this section as of the beginning of such year, it shall file the notice within 30 days after the date of the determination that it is subject to this chapter.

(b)An employer whose prior election of reimbursement financing has been terminated pursuant to sub.

(3)may not thereafter reelect reimbursement financing unless it has been subject to the contribution requirements of ss. 108.17 and 108.18 for at least 3 calendar years thereafter and is not, at the time of filing such reelection, delinquent under s. 108.22 .

(c)No election of reimbursement financing shall be valid unless the employer has satisfied the requirements of sub.

(4)within 60 days after it filed the notice of election.

(d)Sections 108.17 and 108.18 shall apply to all prior employment, but after all benefits based on prior employment have been charged to any account it has had under s. 108.16

(2)any balance remaining therein shall be transferred to the fund’s balancing account as if s. 108.16

(c)or

(d)applied.

(3)Termination of election.

(a)An employer who elected reimbursement financing may terminate its election as of the close of the 2nd calendar year to which such election applies, or at the close of any subsequent calendar year, by filing a written notice to that effect with the department before the close of such calendar year;

(b)The department may terminate any election as of the close of any calendar year if the department determines that any of the following applies.

1. The employer has failed to make the required reimbursement payments.

2. The employer has failed to pay the required assessments authorized by sub.

(7)or s. 108.155 .

3. The employer no longer satisfies the requirements of sub.

(4).

4. Section 108.16

(8)applies with respect to the employer.

(4)Assurance of reimbursement.

(a)An employer electing reimbursement financing shall file an assurance of reimbursement with the fund’s treasurer, payable to the unemployment reserve fund, guaranteeing payment of the required reimbursement together with any interest and any tardy filing fees. The assurance shall be a surety bond, letter of credit, certificate of deposit or any other nonnegotiable instrument of fixed value.

1. The amount of assurance shall be equal to 4 percent of the employer’s payroll for the year immediately preceding the effective date of the election, or the employer’s anticipated payroll for the current year, whichever is greater as determined by the department, but the assurance may be in a greater amount at the option of the employer. The amount of the assurance shall be similarly redetermined prior to the beginning of the 3rd year commencing after the year in which it is filed and prior to the beginning of every other year thereafter.

2. Prior to the beginning of each year, an employer electing reimbursement financing shall file an assurance for the 4-year period beginning on January 1 of that year in the amount determined under subd. 1. An assurance shall remain in force until the liability is released by the fund’s treasurer.