1.  Except as otherwise provided in subsection 4, in addition to any other contribution required by this chapter, each employer shall make payments into the Unemployment Compensation Administration Fund for the program for the employment and training of unemployed persons and persons employed in this State at the rate of .05 percent of the wages the employer pays.

Ask an employment law question, get an answer ASAP!
Thousands of highly rated, verified employment lawyers
Specialties include: Employment Law, EEOC, Pension and Compensation, Harassment Law, Discrimination Law, Termination Law, General Legal and more.
Click here to chat with a lawyer about your rights.

2.  The interest and forfeit provisions of NRS 612.620 and 612.740, respectively, are inapplicable to the payments required by this section.

3.  In determining unemployment compensation contribution rates assigned to employers pursuant to this chapter, payments paid into the Unemployment Compensation Administration Fund for the program for the employment and training of unemployed persons and persons employed in this State pursuant to this section must remain separate from any other contribution paid pursuant to this chapter and must not be included in any manner in computing the contribution rates to be assigned to employers under NRS 612.550.

4.  The provisions of this section do not apply to an employer:

(a) Who has been assigned a contribution rate of 5.4 percent pursuant to subsection 6 of NRS 612.550; or

(b) Who has elected to make reimbursement in lieu of contributions pursuant to NRS 612.553.