Penalties. Contribution Reports. An employing unit that fails to file a timely contribution report in the prescribed manner shall pay a penalty of $35. Employment Reports. An employing unit that fails to file a timely employment report in the prescribed manner shall pay a penalty of $35. Separation Reports. An employing unit that fails to file a timely separation report in the prescribed manner upon the Secretary's request shall pay a penalty of $15. Earnings Reports. An employing unit that fails to file a timely earnings report in the prescribed manner upon the Secretary's request shall pay a penalty of $15. An employing unit that submits a check or other negotiable instrument that is returned for insufficient funds shall pay a penalty of $25. Interest on Past Due Contributions and Administrative Fees. An employing unit that fails to file a timely contribution report shall pay interest on contributions and administrative fees then due and unpaid at a rate in accordance with Regulation .09 of this chapter until the contribution report and payment is received. The Secretary may waive any penalties or interest for cause, upon the employer's request or upon the Secretary's review of the penalty or interest assessed.