New Castle Area SD Minutes Public Board Meeting 2026-05-18
Board Approves 2026-2027 Unemployment Insurance with PSBA Insurance Trust
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Description
The board approved a contract with PSBA Insurance Trust for the 2026-2027 unemployment compensation insurance program at an administrative fee of $1,733.12. The district will directly reimburse the state for benefits paid, averaging $15,000 to $25,000 per year.
Contract Details
Contract Amount
$1,733.12 for administrative fees (plus direct reimbursement for benefits paid; avg $15,000 to $25,000/yr)
Vendor
PSBA INSURANCE TRUST
Agency
New Castle Area SD, PA
Contract Type
INSURANCE
Document Date
May 18, 2026
Contract Term
2026-2027
Renewal Date
2027-06-30
Renewal Info
Annual renewal; administrative cost subject to annual adjustment. District reimburses based on actual benefits paid.
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