Gov. Matt Bevin announced today that the Kentucky Education and Workforce Development Cabinet will suspend the current unemployment insurance (UI) surcharge for contributing employers, effective immediately. The state’s approximately 91,000 employers have been paying a surcharge assessment — currently 0.21 percent of their taxable wage base of $10,200 per employee — since January 1, 2014. Cabinet officials estimate that this action will save Kentucky companies as much as $34.2 million annually.