Employment Law -- Employee
State law establishes a formula requiring the amounts to be determined by the average weekly wage in Minnesota and to be recalculated each year. The amount of benefits vary and are dependent on how much you have earned in your base period (The first four of the last five completed calendar quarters prior to the applicant’s benefit year.) The minimum weekly benefit is $38. For unemployment accounts (claims) filed effective 8/4/02 the maximum weekly benefit amount is $467. Your weekly benefit amount will be the higher of either:
The maximum amount of benefits you can receive is either 26 times your weekly benefit amount or 1/3 of your total base period wages, whichever is less.
During periods of high unemployment, extended benefits (extensions) allow applicants to continue receiving unemployment benefit checks after monies in the regular account have been exhausted. At the present time there is a federal extension in Minnesota.