New: 2015 Assessments were mailed to employers. Payment due on August 14, 2016.
Assessments for various state funds have been authorized by the NJ legislature. Combined Assessment bills for the calendar year have a mailing date in mid-July and are due in 30 days. Payroll Tax Services generally do not pay these assessments for their clients.
Seven different assessments are levied on New Jersey employers. Assessments fund programs that are not covered by the quarterly contributions. The assessments are not penalties and are not the result of an error. The same assessment rates apply to all employers. Some employers are not subject to all seven assessments. The party responsible for payment of assessments is the employer. In most cases, Payroll Tax Services do not pay assessments for their clients.
The State Plan 4F Deficit Assessment is levied to cover Unemployment/Disability Benefits paid to unemployed persons who have become disabled and thus have been rendered ineligible for unemployment benefits.
The Private Plan 4F Deficit Assessment is the same as the State Plan 4F Deficit Assessment but only applies to employers which have been approved to be self-insured for Disability. If an employer has an approved Private Disability Plan with an Insurance Company, the Insurance Company will be billed for this assessment.
The State Plan (Experience Rating) Costs Assessment funds the costs of compiling the data which allows employers in the State Plan Disability program to pay contributions to the fund relative to their experience rating (contributions paid, less benefits charged).
The Private Plan Administrative Cost Assessment reimburses the Department of Labor and Workforce Development for costs incurred to oversee and approve Private Disability Plans. This assessment only applies to employers which are self-insured
The Catastrophic Illness Fund Assessment (CIF) was created in 1987 by the NJ State Legislature to provide funds to families who have incurred extraordinary medical expenses due to a child’s illness.
The Right to Know Assessment (RTK) started in 1986. This fund supports the costs of collecting information about the hazardous substances used, manufactured, stored and released from businesses in New Jersey.
The Pollution Prevention Fund Assessment (PPC) covers the same employers as the Right to Know Fund. This assessment began in 1993. Subject companies must develop and submit to the DEP formal plans to voluntarily reduce their use and generation of hazardous substances that are not products.
Please see the Employer Handbook for detailed information including rates associated with each assessment.