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3Q2020 TWC reimbursement payment deadline extended3Q2020 TWC reimbursement payment deadline extendedhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=250102020-10-07T05:00:00Z2020-10-07T15:00:00Z

​​​AUSTIN – The Texas Workforce Commission (TWC) has extended payment deadlines for 3Q2020 for designated reimbursing employers that are required to pay a share of unemployment benefits. 

Designated reimbursing employers include non-profits, local governments, school districts, and other qualifying employers who reimburse TWC for the full amount of unemployment benefits to be paid to eligible former employees.

The due date has been extended from Nov. 30, 2020, to Dec. 31, 2020. TWC still needs wage reports by Nov. 2, 2020, for ensuring accurate processing of unemployment claims. 

Reimbursing employers are due to receive 50 percent credit for their bill under the Federal Coronavirus Aid, Relief, and Economic Security Act legislation, which TWC is working to implement by the end of October. Employers will receive additional information regarding their reimbursements later this month.

This action also waives interest and penalty ​​charges during the same time period and does not reduce or eliminate this payment for reimbursing employers. Instead, it provides more time for these employers to secure resources to meet these and other liabilities as they deal with the implications of COVID-19. This extension also does not delay or prevent Texans who qualify for unemployment benefits from receiving these resources.

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