Employment Law -- Employee

How Is My Benefit Amount Calculated?

If you have sufficient earnings from insured work to establish benefits, you will be entitled to receive benefits for weeks you are either totally or partially unemployed and meet all requirements. The amount you can receive is based upon the wages you earned during your base period. Your base period is the 12­month period consisting of the first four of the last five completed calendar quarters before the beginning date of your claim. To qualify for a claim, you must have wages in at least two of the four base period calendar quarters and your total wages in your base period must be at least thirty times your calculated weekly benefit amount.

To calculate your weekly benefit amount, multiply your highest base period quarter wages by 4.25 percent. If the amount is higher than the current statutory maximum weekly benefit amount, the maximum weekly benefit amount becomes your weekly benefit amount. To calculate your total benefit amount, a) multiply your weekly benefit amount times 26; and b) divide the total of the base period wages by three. Your total benefit amount is the lesser of these two amounts. The total amount of benefits available to you cannot exceed 26 times your weekly benefit amount. This means that your benefits will end when all benefits are paid, even if your benefit year hasn’t ended.