Wednesday, November 03, 2010

 

Beshear Announces Direct Deposit Unemployment

KENTUCKY....
Governor Steve Beshear announced Wednesday that unemployment insurance claimants now have the option to receive unemployment insurance payments by direct deposit into a checking or savings account, rather than come in the mail. Beshear says unemployment insurance customers will get their funds in a much more convenient manner, and there is a tremendous environmental and cost savings by not having to print and mail checks.

It costs nearly $200,000 each month in postage and printing to send unemployment checks to clients. In September, nearly 400,000 benefit checks were printed and mailed. If half of unemployment insurance claimants got their benefits direct deposited, the federal unemployment insurance program could save approximately $1.2 million per year.

Eligible claimants may enroll in the program online when filing a claim, by phone when filing a claim, or in person at a local employment and training office. For more information and to sign up, go to www.kewes.ky.gov, and follow the instructions under the direct deposit heading.





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