Missouri Code of State Regulations › Title 8 - DEPARTMENT OF LABOR AND INDUSTRIAL RELATIONS › Division 10 - Division of Employment Security › Chapter 3 - Unemployment Insurance › Section 8 CSR 10-3.130 - Electronic Transfer of Unemployment Benefits

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: This rule implements and sets forth the
				  requirements regarding the electronic funds transfer of unemployment benefits
				  payable to claimants pursuant to Chapter 288, RSMo.
(1) The Division of Employment Security has
				established an electronic funds transfer system to transfer directly to
				claimant's accounts benefits payable to them pursuant to Chapter 288,
				RSMo.
(2) For purposes of this
				rule, the "electronic payment card" shall be an electronic access-type card
				which shall not have a line of credit. The only funds which may be deposited in
				an electronic payment card account established under this rule shall be
				unemployment insurance benefits payable pursuant to Chapter 288, RSMo and
				related federal benefits.
(3)
				Unless an individual files a timely direct deposit application with the
				division, all benefits payable pursuant to Chapter 288, RSMo shall be disbursed
				by means of an electronic payment card. The division shall not be in any way
				liable for any transaction or other associated costs that cause a
				claimant/cardholder to exceed the amount available in his or her electronic
				payment card account. The division reserves the right to initiate credit
				entries and debit entries to correct erroneous entries to a
				claimant/cardholder's electronic payment card account. If a
				claimant/cardholder's electronic payment card account is closed prior to the
				claimant/cardholder drawing down all available funds in the account, the
				unexpended funds shall be returned to the division and deposited in the
				unemployment compensation trust fund.
(4) An individual desiring the direct deposit
				of unemployment benefits into a designated checking or savings account at a
				financial institution shall complete and file with the division a direct
				deposit application form. The direct deposit application form shall be filed
				with the division within seven (7) days after the filing of the initial claim.
				The direct deposit application form shall authorize the division to initiate
				credit entries, and debit entries to correct erroneous credit entries, to the
				claimant's designated checking or savings account. On the direct deposit
				application form the claimant shall provide the following: claimant's name,
				claimant's Social Security number, name of the designated financial
				institution, type of deposit account, signature, and date. The claimant shall
				file the completed direct deposit application form along with a voided or
				canceled check or deposit slip for the designated deposit account. At any time
				during the benefit year, a claimant may change the designated checking or
				savings account by filing with the division a new direct deposit application
				form. Unless the claimant changes the designated checking or savings account by
				filing a new direct deposit application form, the division shall direct all
				benefits payable to the claimant during his or her benefit year to the checking
				or savings account designated by the claimant on the direct deposit application
				form currently on file with the division. Direct deposit application forms may
				be obtained by contacting one of the division's regional claim centers or by
				downloading the form through the division's Internet website at
				http://dolir.mo.gov/es/ [File Link Not Available].
(5) The provisions of this rule regarding
				electronic payment cards will not become effective until the division has
				entered into a contract with a contractor to issue the electronic payment
				cards. The division will implement the provisions of this rule regarding
				electronic payment cards over a period of six (6) months following the
				execution of such contract.
(6)
				Notwithstanding the provisions of this rule, the division may continue to pay
				benefits by warrant when necessary to comply with federal or state
				law.
*Original authority: 288.060, RSMo 1951, amended 1957,
					 1961, 1965, 1984, 1988, 1992, 1993, 2004, 2006; and 288.220, RSMo 1951, amended
					 1955, 1961, 1963, 1967, 1971, 1995.