DLT announces 2013 unemployment, TDI tax rates

ON TUESDAY, THE R.I. Department of Labor and Training announced the 2013 unemployment insurance taxable wage base and the 2013 TDI employee contributions.
Posted 11/28/12

CRANSTON – The R.I. Department of Labor and Training has announced the unemployment insurance and the temporary disability insurance taxable wage and employee contributions for 2013.

The 2013 unemployment insurance taxable wage base will be $20,200 for most Rhode Island employers, a $600 increase from 2012 figures, the DLT announced Tuesday. By law, the unemployment insurance taxable wage base represents 46.5 percent of the average annual wage in the Ocean State.

For those employers in the highest unemployment insurance tax rate group, the 2013 taxable wage base will be $21,700, $1,500 greater than the taxable wage base for all other employers.

The higher wage base, which affects roughly 18.2 percent of Rhode Island employers, is “intended to help offset the large drain these employers have on the Employment Security Trust Fund,” according to the DLT release. Last year, 43.4 percent of all unemployment insurance benefit payments were attributed to the top 18.2 percent of Rhode Island experience-rated employers.

“While the wage base limits the amount of wages that are taxable, tax rates for individual employers vary according to their experience with the unemployment insurance system,” said the release, adding that employers will be notified of their new individual tax rates in December.

In the same release, the DLT also announced that the employee contribution rate to the Temporary Disability Insurance Fund will remain unchanged at 1.2 percent.

In 2013, the TDI taxable wage base will be $61,400, an increase of $1,400 over 2012 figures. The maximum TDI contribution will be $726.80 in 2013, an increase of $16.80 from the 2012 maximum contribution.

PBN Hosted

Join PBN for the best networking event and party of the winter - January 15, 2015 - the Book of Lists Party at the Providence Public Library. Reserve your spot by December 31st and get a holiday gift from PBN!
  • Best Places to Work
    Enrollment is now open for the 7th annual Best Places to Work program. Winners w ...
  • Manufacturing Awards
    Applications are now being accepted for the 2nd Annual Manufacturing Awards. Dea ...
Purchase Data
Book of Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  • Purchase an e-File of the entire Book of Lists database
  • Purchase a printed copy of the Book of Lists
    Latest News