July 29, 2015
Aside from being out of work, individuals seeking to collect unemployment benefits must demonstrate that they have met a minimum standard in earned wages just prior to their separation.
Every state agency has its own eligibility regulations and requirements that determine when claimants meet mandatory qualifications to receive unemployment benefits. The fundamental purpose of all state unemployment agencies is to appropriately compensate claimants who satisfy the work and wage credit qualifications, comply with work search and availability requirements, and are out of work through no fault of their own.
Normally, monetary claim eligibility is directly related to a claimant’s prior wages (during the base period). The benefit year maximum award represents approximately 50% in wage replacement. The tangible amount of the benefit compensation award is partially determined by total wages earned (wage credits) and duration of employment during the recent past, or the “base year.”
The most common “base period” is a consecutive 12 months comprising the first four of the last five previously completed calendar quarters preceding the quarter in which a claim is filed. Frequently, states also utilize an “alternative base period” consisting of the four most recent quarters’ wages or another valid time period of covered wages.
Unemployed workers that apply for benefits will establish a “benefit year” that continues throughout the ensuing 52 weeks. The total amount of benefits and the duration of time a claimant collects during an established benefit year is calculated by applying the wage credits (total gross pay accrued by the claimant during the base period) to a unique formula created by each state’s law.
All states have established a maximum and minimum amount of allowable benefits during the immediate fifty-two weeks after the date the unemployment claim is filed. The Maximum Weekly Benefit Amount (MWBA) is the most any claimant can collect during a week of the benefit year. The minimum standard or Minimum Weekly Benefit Amount (mWBA) represents the lowest benefit award based on wage requirements for an unemployed worker to receive any benefits.
The current highest maximum benefit award available is found in the state of Massachusetts at $1,047 and the lowest minimum award can be found in Hawaii at $5. For state-by-state unemployment cost information, including benefit award amount, click here.
Watch for the next article on “Qualifying Reasons for Claimant Eligibility”
NYCON members who use First Nonprofit’s programs enjoy enduring savings and improved efficiency. Our association knows that success, because from the beginning, we achieved the same great benefits. Great savings, seamless technology, and responsive service. NYCON highly recommends First Nonprofit’s remarkable unemployment solutions.
We were introduced to First Nonprofit through another housing authority. In our analysis and comparison to what we were paying the State, our first year savings was $5,800 plus. We have been with them since the end of 2008 and I am glad we have been. I consider them an arm of our HR department.
Because INCS advocates for the operating conditions that allow charter public schools to provide high quality public education, partnering with First Nonprofit was an easy decision. First Nonprofit’s unemployment programs provide our member schools two operating elements crucial to their ability to provide high quality public education: savings and budget certainty. Capable, committed teachers are the key to student success. By participating in the unemployment insurance savings plan, charter public schools gain peace of mind and are able to invest more money in their teachers.
Throughout our membership in the Unemployment Savings Program, First Nonprofit understood our demands, community dynamics, and the importance of seamless services; that allowed us to serve our constituents better.