CURRENT UNEMPLOYMENT INSURANCE QUALIFYING FORMULAS - Reward Beneficiaries Who Work Less

Qualifying formulas reward inconsistent work history UI benefit eligibility calculations are based on wages earned during a claimant’s “base period.”6 The base period consists of a four- or five-quarter period before an initial UI claim is filed.7 In all states, a claimant is only required to show wages in a minimum of two quarters during this base period to qualify for benefits.8 Unsurprisingly,. [...] For example, in Illinois, a person only needs to work in two quarters (not for two quarters) and have total wages of just $1,600 to qualify for unemployment benefits.9 Similarly, in Maryland claimaints only need $1,800 of wages over two quarters before becoming eligible for benefits.10 Ohio also has a very low threshold to qualify for benefits, only requiring workers to have some wages in at least. [...] 3 CURRENT UNEMPLOYMENT INSURANCE QUALIFYING FORMULAS REWARD BENEFICIARIES WHO WORK LESS | MARCH 15, 2024 | TheFGA.org Nevada requires wages in at least three of the preceding four quarters, but only as part of an alternative base year calculation.13 The remainder of that formula requires just $400 in total wages in the highest of those three quarters for benefits to be triggered.14 A person making. [...] Adjusting the qualifying formulas can reward workforce participation The stated intent of the UI program is to provide a temporary helping hand to workers who find themselves unemployed through no fault of their own—with the ultimate goal being that these workers find suitable employment. [...] Requiring UI claimants to have wages across at least three of the four or five quarters of their base year and defining minimum qualifying earnings as a product of the state’s minimum wage times full-time or nearly full-time employment over that period, would foster consistent participation in the workforce.