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The payment of contributions also helps to ensure that commitments are honoured.
The payment of contributions plays a critical role in policing eligibility for unemployment benefits; as a result the benefit is not payable to all persons who are involuntarily unemployed.
He also admitted that his company, Tortilleria Chinantla, had failed to secure workers' compensation insurance for employees during two periods — June to October 2009 and March 2010 to January 2011 — and that he had filed state tax returns that failed to list all of his employees, thus avoiding payment of contributions to the state's Unemployment Insurance Fund, the attorney general's office said.
Moreover, there would likely be problems with the enforcement of the payment of contributions to the UB fund, particularly in industries with low layoff probability.
Also, and perhaps the most important development, it was that with the maturation of the system, and due to the existence of a high proportion of informal workers and high levels of evasion in the payment of contributions, the system began to experience deficits.
Partly, good ol' fashioned payment of contributions, but the plan also benefitted from increases in the funding valuation rate increasing from 5% in 1975 to 8% in 1989, which meant liabilities grew at a smaller pace than they otherwise would have, due to drops in liability at each point at which the rate was increased.
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If the value is $500,000 or more, an additional statement must be made regarding the payment of political contributions, fees or commissions, pursuant to part 130 of this subchapter.
The Company operates a self billing system for the payment of freelance Contributions.
The incentive scheme to encourage prompt payment of assessed contributions was introduced, on a trial basis, on 1 January 1993.
The Council drew the attention of the Conference to the fact that, if Member Nations did not take the necessary action to ensure payment of their contributions by the end of 1963, there would be a cash deficit and serious program implications would arise in the next biennium.
(d), payment of Federal contribution.
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