The New York Employers Statement For Purpose of Terminating Status As Covered Employer is a written statement that employers must submit to the New York State Department of Labor when they want to discontinue contributing to the state's unemployment insurance program. This statement can be used by any type of employer in New York, including corporations, sole proprietorship, partnerships, LCS, and nonprofits. The statement must include detailed information about the employer and the reason for the termination of coverage. This includes the employer's name and address, the date of termination, the reason for termination, the number of employees, and a signed declaration from the employer. There are two types of New York Employers Statement For Purpose of Terminating Status As Covered Employer: Standard and Expedited. The Standard version is for employers that are able to provide detailed information about their situation and includes an in-person interview. The Expedited version is for employers with a more complicated situation and requires that the employer submit all required documents through the mail.