Form UI-5 (LG) (IL427-00373) Election by Local Governmental Entity to Reimburse Benefits in Lieu of Paying Contributions - Illinois

What Is Form UI-5 (LG) (IL427-00373)?

This is a legal form that was released by the Illinois Department of Employment Security - a government authority operating within Illinois. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form UI-5 (LG)?
A: Form UI-5 (LG) is a document used by local governmental entities in Illinois to elect to reimburse certain employee benefits instead of paying contributions to the state unemployment insurance program.

Q: Who uses Form UI-5 (LG)?
A: Local governmental entities in Illinois use Form UI-5 (LG) to elect the reimbursement option for employee benefits.

Q: What does the reimbursement option involve?
A: The reimbursement option involves the local governmental entity reimbursing the state unemployment insurance program for the cost of benefits provided to eligible employees.

Q: What benefits can be reimbursed?
A: Certain employee benefits, such as unemployment benefits, can be reimbursed by the local governmental entity.

Q: Why would a local governmental entity choose the reimbursement option?
A: The local governmental entity may choose the reimbursement option if it believes it can save money by directly reimbursing the state for the cost of benefits instead of paying regular contributions.