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TWC sets 2025 replenishment tax at 0.15%; trustees cite close projected trust‑fund floor

2173551 · January 1, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Texas Workforce Commission voted to set the unemployment trust‑fund replenishment tax (RTR) at 0.15 percent for 2025 with the ETI at 0.10 percent, matching 2024; staff projections showed the trust fund ending balance near the statutory floor and commissioners debated the risks before a 2‑1 vote.

The Texas Workforce Commission voted to set the 2025 unemployment trust‑fund replenishment tax (RTR) at 0.15 percent and the Employment and Training Investment Assessment (ETI) at 0.10 percent — the same rates used in 2024.

Chris Nelson, TWC chief financial officer, presented the trust‑fund status and projections. He said the fund ended fiscal 2024 (Sept. 30) with an ending balance “just over $1,500,000,000.” Using statutory computations,…

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