Virgin Islands Government seal

Department of Labor

Unemployment Insurance

Introduction & Background

Important Highlights

Contributions

Federal Unemployment Tax Act (FUTA)

Experience Rating

Reimbursing Employers

Records, Reports, and Audits

Independent Contractors

Localized and Non-Localized Employment

Reciprocal Coverage

Combined Wage Claims

Interstate Claims

Benefit Payment Program

Employment Service

Forms

Glossary

FAQ'S

Reimbursing Employers


Governmental entities and nonprofit organizations may choose either to pay contributions quarterly or to reimburse the Agency for benefits paid to their former employees. The option chosen will remain in effect normally for a minimum of two calendar years and can be changed only by submitting a written request to the agency at least 30 days before the beginning of a new taxable year.

A reimbursing employer is billed quarterly when benefit payments are to be reimbursed, with an itemized listing that shows individual charges. These charges are binding unless the employer files a request for review and redetermination in writing, setting forth the charges to which he is objecting and the basis for the objection within 15 days of the mailing date. The bill must be paid within 30 days to avoid interest and penalty charges.

Employers electing the reimbursement option will still be required to file contribution and wage reports each quarter similarly to employers liable for contributions. The reports will be used, however, only for statistical purposes.