Vision Payroll

February 6, 2011

No Employer Surcharge for South Dakota in Q1 2011

Filed under: News — Tags: , , , — Vision @ 11:38 am
Pamela S. Roberts, Secretary of the South Dakota Department of Labor
Pamela S. Roberts, Secretary of the South Dakota Department of Labor
An employer surcharge is not in effect for Q1 2011 in South Dakota.

UI Trust Fund Balance Determines if Surcharge Is in Effect

The surcharge automatically goes into effect when the UI Trust Fund balance is below $11 million at the end of any quarter. The balance was $26.4 million on December 31, 2010.

Higher Wage Base in Effect for 2011

As previously announced, the taxable wage base increased from $10,000 for 2010 to $11,000 for 2011.

Contact Vision Payroll for Further Information

Contact Vision Payroll for further questions on the South Dakota employer surcharge.

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