Form UC-45 "Voluntary Contribution Report" - New Jersey

What Is Form UC-45?

This is a legal form that was released by the New Jersey Department of Labor & Workforce Development - a government authority operating within New Jersey. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on July 1, 2020;
  • The latest edition provided by the New Jersey Department of Labor & Workforce Development;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a printable version of Form UC-45 by clicking the link below or browse more documents and templates provided by the New Jersey Department of Labor & Workforce Development.

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Download Form UC-45 "Voluntary Contribution Report" - New Jersey

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DO NOT WRITE IN THIS SPACE
UC-45 (R-7-20)
State of New Jersey
Department of Labor and Workforce Development
DIVISION OF EMPLOYER ACCOUNTS
PO Box 913, Trenton, New Jersey 08625-0913
Voluntary Contribution Report
FOR FISCAL YEAR
JULY 1, 2020 - JUNE 30, 2021
TAXPAYER’S
IDENTIFICATION NO.
__________________________________
AMOUNT OF PAYMENT $
DESIRED RATE
%
_______________________________
________________
THIS FORM IS TO BE USED ONLY FOR THE PURPOSE OF SUBMITTING A VOLUNTARY PAYMENT OF ADDITIONAL
CONTRIBUTIONS, IF ELIGIBLE AND IF YOU WISH TO MAKE SUCH A PAYMENT, IN ORDER TO ACQUIRE A MORE
FAVORABLE RATE FOR THE CURRENT FISCAL YEAR.
CONDITIONS GOVERNING VOLUNTARY CONTRIBUTIONS
R.S. 43:21-7(c)(6) of the New Jersey Unemployment Compensation Law stipulates that “...any employer who has
been assigned a contribution rate pursuant to subsection (c) of this section...may voluntarily make a payment of
additional contributions, and upon such payment shall receive a recomputation of the experience rate applicable
to such employer, including in the calculation the additional contribution so made.”
The undersigned employer, pursuant to subsection 7(c)(6) of the New Jersey Unemployment Compensation Law,
submits herewith a voluntary payment of additional contribution in the amount shown above.
It is understood that:
1. A voluntary payment of additional contributions must be made within thirty (30) days after the notification date on
the annual notice of your employer unemployment contribution rate or by October 28, 2020, whichever is earlier.
Late payments cannot be used to recompute your 2020 - 2021 unemployment tax rate.
2. No payment forwarded as additional contributions will be applied to the recomputation or redetermination of an
employer’s rate for the current tax year (July 1, 2020 to June 30, 2021), if the employer is delinquent for any period
prior to the current fiscal year; in such case the remittance will be applied first to the past indebtedness and the
balance, if any, will be considered as additional contributions.
3. Any adjustment resulting from the payment of additional contributions “shall be made only in the form of credits
against accrued or future contributions.”
4. A voluntary payment of additional contributions will not affect a currently assigned rate if a number is inserted in
the block in Item “F” appearing on the notice of your employer unemployment contribution rate.
5. The determinations of the above amount of additional contributions and its adequacy to reduce the rate are the
sole responsibility of the employer.
6. Voluntary payments of additional contributions must not be combined nor consolidated with any other type of
payment. The remittance accompanying this report must be for the same amount as the amount of payment shown
above and made payable to the New Jersey Employment Security Agency.
EMPLOYER’S NAME ________________________________________________
DATE ____________________________________
TELEPHONE (________) _________- _________________________________
DO NOT WRITE IN THIS SPACE
SIGNED BY ________________________________________________________
OFFICIAL POSITION _________________________________________________
DO NOT WRITE IN THIS SPACE
UC-45 (R-7-20)
State of New Jersey
Department of Labor and Workforce Development
DIVISION OF EMPLOYER ACCOUNTS
PO Box 913, Trenton, New Jersey 08625-0913
Voluntary Contribution Report
FOR FISCAL YEAR
JULY 1, 2020 - JUNE 30, 2021
TAXPAYER’S
IDENTIFICATION NO.
__________________________________
AMOUNT OF PAYMENT $
DESIRED RATE
%
_______________________________
________________
THIS FORM IS TO BE USED ONLY FOR THE PURPOSE OF SUBMITTING A VOLUNTARY PAYMENT OF ADDITIONAL
CONTRIBUTIONS, IF ELIGIBLE AND IF YOU WISH TO MAKE SUCH A PAYMENT, IN ORDER TO ACQUIRE A MORE
FAVORABLE RATE FOR THE CURRENT FISCAL YEAR.
CONDITIONS GOVERNING VOLUNTARY CONTRIBUTIONS
R.S. 43:21-7(c)(6) of the New Jersey Unemployment Compensation Law stipulates that “...any employer who has
been assigned a contribution rate pursuant to subsection (c) of this section...may voluntarily make a payment of
additional contributions, and upon such payment shall receive a recomputation of the experience rate applicable
to such employer, including in the calculation the additional contribution so made.”
The undersigned employer, pursuant to subsection 7(c)(6) of the New Jersey Unemployment Compensation Law,
submits herewith a voluntary payment of additional contribution in the amount shown above.
It is understood that:
1. A voluntary payment of additional contributions must be made within thirty (30) days after the notification date on
the annual notice of your employer unemployment contribution rate or by October 28, 2020, whichever is earlier.
Late payments cannot be used to recompute your 2020 - 2021 unemployment tax rate.
2. No payment forwarded as additional contributions will be applied to the recomputation or redetermination of an
employer’s rate for the current tax year (July 1, 2020 to June 30, 2021), if the employer is delinquent for any period
prior to the current fiscal year; in such case the remittance will be applied first to the past indebtedness and the
balance, if any, will be considered as additional contributions.
3. Any adjustment resulting from the payment of additional contributions “shall be made only in the form of credits
against accrued or future contributions.”
4. A voluntary payment of additional contributions will not affect a currently assigned rate if a number is inserted in
the block in Item “F” appearing on the notice of your employer unemployment contribution rate.
5. The determinations of the above amount of additional contributions and its adequacy to reduce the rate are the
sole responsibility of the employer.
6. Voluntary payments of additional contributions must not be combined nor consolidated with any other type of
payment. The remittance accompanying this report must be for the same amount as the amount of payment shown
above and made payable to the New Jersey Employment Security Agency.
EMPLOYER’S NAME ________________________________________________
DATE ____________________________________
TELEPHONE (________) _________- _________________________________
DO NOT WRITE IN THIS SPACE
SIGNED BY ________________________________________________________
OFFICIAL POSITION _________________________________________________
HOW TO COMPUTE VOLUNTARY CONTRIBUTIONS
1. Find the New Jersey unemployment rate you desire on the Experience Rate Contribution Allocation Chart.
2. Find the lowest percentage on the same line with the rate you desire under the heading “POSITIVE RESERVE
RATIO.”
3. Multiply the greater of the three- or five-year average of wages shown in Item D of your “NOTICE OF
CONTRIBUTION RATES” by the percentage selected in item 2 above. The result is the total amount of
contributions which you need in your RESERVE BALANCE in order for you to obtain the desired rate.
4. Subtract your current RESERVE BALANCE shown in Item C of your “NOTICE OF CONTRIBUTION RATES”
from the amount determined in Item 3 above. The difference is the amount of additional contributions which
must be submitted with this form as a VOLUNTARY CONTRIBUTION for you to obtain the reduced rate.
EXAMPLE: PLUS RESERVE RATIO
1.8%
Experience Rate Assigned for Fiscal Year 2020-2021
%
1.6%
Experience Rate Desired for Fiscal Year 2020-2021
%
$ 22,643
Greater of the Three- or Five-Year Average (Item D)
$
X 8 %
Lowest Reserve Ratio Applicable to the Rate Desired
X
%
$ 1,811.44
Required Reserve
$
$ 1,351.79
Present Reserve Balance
$
$
459.65
Voluntary Contribution Amount Required
$
EXAMPLE: MINUS RESERVE RATIO
4.3%
Experience Rate Assigned for Fiscal Year 2020-2021
%
3.0%
Experience Rate Desired for Fiscal Year 2020-2021
%
$ 26,500
Greater of the Three- or Five-Year Average (Item D)
$
X 0.0 %
Lowest Reserve Ratio Applicable to the Rate Desired
X
%
$
0.00
Required Reserve
$
$ - 795.00
Present Reserve Balance
-$
$
795.00
Voluntary Contribution Amount Required
$
To determine if a voluntary contribution would benefit you, multiply your estimated taxable wages for the new fiscal year
by the rate assigned, and then by the rate desired. The difference between these amounts, less the voluntary contribution
needed to obtain that rate, is your estimated savings.
If you have any questions about completing this form, call (609) 633-6400 ext. 1272211
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