UNEMPLOYMENT INSURANCE PROGRAM LETTER No. 15-94
Interest Rate on Title XII Advances During Calendar Year 1994
To announce the rate of interest the U.S. Treasury Department will charge on Title XII advances during calendar year 1994.
Direct questions to the appropriate Regional Office.
Background: The criteria for establishing the rate of interest to be charged on Title XII advances during any calendar year are in Section 1202(b)(4) of the Social Security Act. Calendar Year 1994 Interest Rate: The U.S. Treasury Department has announced that the rate of interest to be charged for calendar year 1994 is 6.90 percent. Action Required: None.
All State Employment Security Agencies
Mary Ann Wyrsch Director Unemployment Insurance Service
Washington, DC: U.S. Department of Labor, Employment and Training Administration