South Dakota Declares Emergency and Lowers Investment Fee

South Dakota Governor Dennis Daugaard recently signed SB 86 into law. SB 86 declares an emergency and revises the employer’s investment in South Dakota’s future fee or “investment fee”. Employers with Low Reserve Ratios to Pay a Lower Investment Fee Employers with a...

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No Employer Surcharge for South Dakota in Q1 2011

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...

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South Dakota Increases Taxable Wage Base Through 2015

South Dakota Governor Mike Rounds recently signed SB 186, which increases the taxable wage base from $10,000 in 2010, to $11,000 in 2011, $12,000 in 2012, $13,000 in 2013, $14,000 in 2014, and $15,000 in 2015. The surcharge was reduced from 1.5% to 1.0% in 2010 and to...

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State Minimum Wages to Increase

Several states have minimum wage increases effective for work performed after July 23, 2008. Idaho, Indiana, Maryland, Montana, Nebraska, New Hampshire, North Carolina, North Dakota, Oklahoma, Puerto Rico, South Dakota, Texas, Utah, and Virginia all have increases to...

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