Colorado overcharged businesses $5 million for unemployment insurance last year. It’s getting refunded.
Adjustments to the state’s unemployment technology are still underway with refunds expected this summer. State auditors also found issues with Colorado’s paid-family leave program, FAMLI.
The Colorado Sun
(Chuang/The Colorado Sun
A programming error that overcharged thousands of employers a total of $5 million for unemployment insurance premiums last year was fixed after the Office of the State Auditor brought it to the attention of the Colorado Department of Labor and Employment.
But others had underpaid.
In all, 30,000 employers were identified as having an incorrect rate. And yet, the auditor’s report noted, the labor department hadn’t notified employers who had overpaid by the time the audit was completed.
The finding was one of a handful in a statewide audit the Office of the State Auditor shared with state lawmakers Wednesday. Other findings included more than 4,100 employers who hadn’t paid a cent into the state’s newer paid-family leave program, and improper recording of $127 million in refunds to employers who had paid but were allowed to opt out later because they used a private plan.
Read the rest of this article at ColoradoSun.com.
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