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Under that assumption a negative EDD reserve balance would mean the employers account has been charged more in unemployment claims than what the employer has paid in unemployment taxes. If an employer has a negative EDD reserve balance then they can typically expect to be paying higher unemployment tax rates.
The reserve account is a cumulative record of credits (+) and charges (-) and is the basis for the California experience rating method. It is used to determine the employers annual UI contribution rate. The difference between the credits and charges is the reserve account balance and it may be positive or negative.
Log In to UI Online Once you are logged in, select Payment Activity to see all payments made on your claim. Your last payment issued and claim balance appear at the bottom of the homepage in the Claim Summary section. To view other payments made, select View Payment Activity to see: Issue Date.
Reserve Account Transfers You must submit an Application for Transfer of Reserve Account (DE 4453) (PDF) (edd.ca.gov/pdfpubctr/de4453. pdf). If your application is approved, your UI rate will be recalculated and may result in a reduction or increase in your UI rate.
Your Weekly Benefit Amount (WBA) depends on your annual income. It is estimated as 60 to 70 percent of the wages you earned 5 to 18 months before your claim start date and up to the maximum WBA. Note: Your claim start date is the date your disability begins. We will calculate your WBA using a base period.
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