Why Join UST?
- Tax Savings – You can immediately save 25% or more on your state unemployment taxes by joining UST.
- Long Term Savings – After two years, your rates are based only on your organization’s actual claims history.
- Protection – Unlike direct reimbursing on your own where you are liable for claims as they occur, which can jeopardize cash flow, your claims are covered out of your UST account. Stop-loss protection also prevents catastrophic loss.
- Claims Monitoring Services – You’ll be assigned your own dedicated claims representative who will monitor claims to help reduce the cost of inaccurate claims.
- Your Account is An Asset – You own your account, which is a prepaid asset on your books. Not a tax!
- No State Surcharges – Most states exempt reimbursing employers from paying state surcharges.
- Solid History – Established in 1983, UST has a solid history and strong financial foundation with an asset base of $131 million.
- Trust Leadership – Your account is managed by a Board of Trustees, all leaders in the nonprofit community, with extensive experience in investment and asset management.
- Investment – You can share in a proportion of UST’s investment results, helping offset expenses.
- Refunds – After your third year of participation, you can begin to receive account refunds if you qualify with a favorable claims history.