Whereas employer is indebted to the
Reemployment Assistance Division of the South
Dakota Department of Labor and Regulation as follows:
*Interest will be assessed at the rate of 1.5% on the first day of each month on the
unpaid contributions. Additional penalty charges may also be assessed to unpaid
contributions at the rate of $25 per month.
The Department of Labor and Regulation may file a lien for the total amount due. Liens
will only be released once contributions, interest, penalty, and negative interest are
paid in full. Failure to follow the payment agreement will void this agreement and may
result in the issuance of a distress warrant and/or a judgement filed in Small Claims
Court.
You must acknowledge the statements below by placing your initials next to each
statement.
I agree to make full payment for the amount due, including interest and penalty
that will accrue, within six months not to exceed 24 months from the date of this agreement.
I agree to stay current in any future obligations with the Department of Labor
and Regulation. This payment agreement pertains only to the outstanding debt contained in
this agreement. Failure to follow the payment agreement will void this agreement and may
result in the issuance of a distress warrant and/or judgement filed in Small Claims Court.