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Important: Federal Unemployment Benefits to Phase Out

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Important: Federal Unemployment Benefits to Phase Out - Page 3 Empty Important: Federal Unemployment Benefits to Phase Out

Post by Guest on Thu Feb 23, 2012 1:30 pm

First topic message reminder :

The days of 99 weeks of unemployment benefits are numbered.

President Obama signed today a bill that will extend federal unemployment benefits, which were set to expire at the end of this month, through the end of this year. But the law, combined with falling unemployment rates, will reduce the maximum duration of benefits to 73 weeks from 99 by year's end.

-- Tier 1: Starting in September, Tier 1 is reduced from a maximum of 20 weeks to 14, but remains available in all states regardless of their unemployment rate.

-- Tier 2: Remains at 14 weeks, but starting in June is available only in states with an unemployment rate of at least 6 percent. Today it is available in all states.

-- Tier 3: Starting in September, Tier 3 is reduced to nine from 13 weeks and the trigger rate rises to 7 percent from 6 percent.

-- Tier 4: The trigger rate rises to 9 percent from 8.5 percent in June. In September, the duration of benefits rises to 10 weeks from six today. (Some people will actually qualify for up to 16 weeks under Tier 4, which is explained in this article.
Please read!)

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/02/22/BUNC1NALD5.DTL#ixzz1nDtkV2qO


Last edited by desperateinri on Tue Jul 31, 2012 10:01 am; edited 2 times in total

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Important: Federal Unemployment Benefits to Phase Out - Page 3 Empty Re: Important: Federal Unemployment Benefits to Phase Out

Post by Hunterforjobs on Tue Jan 01, 2013 3:07 pm

They were just extended again for another year part of the fiscal cliff agreement.
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Post by Guest on Wed Jan 02, 2013 1:29 am

As at 11 pm EST, EUC was passed through 2013. Prayers for the 99'ers. Hang in there.

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Post by DesperateInRI on Wed Jan 02, 2013 9:18 am

There is nothing left to hang on. Sad

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Post by DesperateInRI on Wed Jan 02, 2013 1:21 pm

JazzyJeffrey wrote:As at 11 pm EST, EUC was passed through 2013. Prayers for the 99'ers. Hang in there.
73 Weeks is the new maximum. The only thing that changed is the program cut-off date of 12/29/12. Tier lengths and triggers remain the same. Will post update when it is released.

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