Wednesday, January 21, 2009

How does Tier 2 Unemployment Insurance work?

Needless to say, there are different unemployment insurance plans in each and every state. Some states qualify for extended unemployment compensation (EUC) and others don't.

All States: Workers who used all of the 13 weeks of unemployment benefits before the passage of the November 2008 legistlation are eligable for an existing 7 weeks of extended benefits (20 weeks Total)--These 7 weeks are called "additional first tier benefits"

High Unemployment States
---Those who are unemployed in states with more than a 6% unemployment rate ( for at least 3 months), are able to receive an additional 13 weeks of unemployment insurance benefits. (33 weeks total)---This is the Tier 2 (or Tier II) benefits

You can read more about Tier 1 and Tier 2 Unemployment Insurance benefits here.

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