What happens to the remaining balance of my unemployment insurance account after my business is terminated, all of my employees have terminated or none of my employees are subject to unemployment insurance coverage?
September 13, 2021
|By wpadmin
Employers have no claim or right to the contributions credited to their account (HRS Section 383-64 (b)). As in any insurance policy, the premiums paid are not returned but remain in a pooled fund to pay workers who become unemployed through no fault of their own and meet all eligibility conditions.