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Unemployment Trust Fund Expected To Be Back In Balance

Last updated on Friday, February 25, 2011

(STATEHOUSE) - The state’s unemployment insurance trust fund is expected to be back in structural balance in two years as part of a new law signed by Governor Daniels Thursday.

The law will increase business premiums, while also reducing some benefits.

The bill also has mechanisms to repay approximately 2 billion to the federal government by 2019.

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