Governor Steve Beshear's Communications Office
Unemployment insurance direct deposit option now available

Press Release Date:  Wednesday, November 03, 2010  
Contact Information:  Kerri Richardson
Jill Midkiff
502-564-2611
 


Direct deposit more convenient, safer

FRANKFORT, Ky. - For Kentucky unemployment insurance claimants, the check no longer has to come in the mail. Gov. Steve Beshear today announced unemployment insurance claimants now have the option to receive unemployment insurance payments by direct deposit into a checking or savings account.

“This is a win-win for state government and customers of the Office of Employment and Training,” said Gov. Beshear. “Unemployment insurance customers will get their funds in a much more convenient manner, and there is a tremendous environmental and cost savings by not having to print and mail checks.”

Eligible claimants may enroll in the program online when filing a claim, by phone when filing a claim, or in person at a local employment and training office.

Direct deposit provides a safer and more convenient way for eligible claimants to get benefit checks. Claimants using direct deposit may avoid check cashing fees and the possibility of lost or stolen checks.

“Direct deposit will make things a little easier for our citizens during a difficult time,” Gov. Beshear said. “Because the process will alleviate the need to cash a check, claimants could potentially save some money in fees. For many in this difficult economy, every dollar counts.”

It costs nearly $200,000 each month in postage and printing to send unemployment checks to clients. In September, nearly 400,000 benefit checks were printed and mailed. If half of unemployment insurance claimants got their benefits direct deposited, the federal unemployment insurance program could save approximately $1.2 million per year.

For more information and to sign up, go to www.kewes.ky.gov, and follow the instructions under the direct deposit heading. 

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