CARES ACT for State, City and Non-Profit (Reimbursable) Employers
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, provides emergency funds to help mitigate economic effects of the COVID-19 pandemic by allowing these organizations up to 50% reimbursement of benefits charges for weeks of unemployment between March 13, 2020 and December 31, 2020. Only nonprofit employers that make payment in lieu of contributions are eligible for the reimbursement.
Q. When will the reimbursements be made?
A. A staggered schedule will be implemented to post a revised “Request for Reimbursement – CARES Act Refund” notice and post a credit to your online account.
September 15 – March
September 16 – April
September 17 – May
September 18 – June
September 21 – July
September 22 – August
For September, October, November, and December the notice will be posted on or about the 5th workday of the month following benefit charges.
Q. What charges are eligible for CARES Act reimbursement?
A. This reimbursement applies to unemployment benefits paid to your former or furloughed employees for weeks of unemployment on or after March 13, 2020, through December 31, 2020.
Q. As a reimbursable employer, does the CARES Act require me to pay 100% of my bill before I receive the 50% credit?
A. No, you do not need to pay the full amount up front. Your monthly Request for Reimbursement will be sent as usual in the beginning of the month and shortly thereafter the “Request for Reimbursement -CARES Act Refund” will show the reimbursement and credit your account.
Q. How will I receive the reimbursement?
A. The reimbursement will be reflected on your online account and used to offset new benefit charges.