While the stateâs unemployment rate has remained unchanged for the third month in a row, the department that oversees the unemployment insurance program is preparing new procedures to help fight scams.
Because of a rising number of scammers trying to get personal information from those still receiving unemployment checks, the Colorado Department of Labor and Employment plans to install a new security protocol for those receiving aid.
Like banks and other online secure networks, the department is implementing a new âmulti-factor authenticationâ system early next month.
That system will require all unemployment insurance recipients not only to have a highly secure password that claimants already use to to file for weekly benefits, but also will have to input a special code that would be sent to them personally each time they do so.
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Colorado unable to track money paid into unemployment fund
March 17, 2021
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DENVER (AP) An audit of Colorado s unemployment insurance fund in Colorado could not verify the accounting of hundreds of millions of dollars in and out of the Colorado Department of Labor and Employment.
“The State of Colorado did not have an adequate methodology to substantiate the estimated amount of receivables and payables within the Unemployment Insurance Fund,” the audit said.
The audit means the state could not track $510 million received from the department s employer premiums and through coronavirus relief aid, and was also unable to track $872 million in unemployment claims through the end of June, KUSA-TV reported Tuesday.
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