Unemployment Comp. Bill Caskey 10 Sep 1994 16:45 EST

I've been following the discussion re: vacation accruals. I've inherited a situ
tation where an employee filed for unemployment compensation after being termin
ated upon closure of a grant. After paying accrued vacation, fringe, unemployme
nt, etc., the grant budget was over $5,000 in the red. I'm covering it this tim
e by charging back proportionally to the distributed IDC with the Research Offi
ce absorbing the difference out of my IDC pool. I'm intrigued by adding an amou
nt to the fringe rate to build up a pool to handle everything, but dismayed by
the requirment to pay interest. What are the pros and cons? Other solutions? Pr
oblems with personnel working with you to set it up?

When I was at Michigan State, we had an employment category of appointment with
 an end-date for people hired on soft money--and those who voluntarily terminat
ed their employment (such as these cases) could not file for unemployment. Nice
!

Bill Caskey
Director, Sponsored Research & Project
Central Missouri State University
Warrensburg, MO  64093
xxxxxx@CMSUVMB.CMSU.EDU