Monday, March 2, 2009

New Yorkers to Receive $25/week more in unemployment insurance payments

According to New York's Jobless who are receiving unemployment insurance payments can expect to receive an additional $25/week courtesy of the Obama Stimulus Plan.

State labor officials expect the federal stimulus package to provide more than $2.1 billion to help unemployed New Yorkers.

That money will increase all weekly unemployment benefit checks by $25, extend benefits from 26 to 59 weeks, make the first $2,400 exempt from federal taxes, and cover 65% of COBRA funding.


The changes to benefits started on March 1 and will continue through the end of May 2010.

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