Tuesday, June 26, 2012

An extension For Unemployment Benefits - What You Need to Know

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An extension For Unemployment Benefits - What You Need to Know

What is an extension for unemployment benefits? How long does it last? How can you apply?

An extension For Unemployment Benefits - What You Need to Know

Traditional unemployment guarnatee lasts for 26 weeks. When there are high levels of unemployment in your state, it may be inherent for you to receive an extension of benefits. A high level of unemployment is traditionally defined as a rate above 6%. Your state will edify you about applying for an unemployment extension when your customary benefits are about to expire, and will be able to edify you as to the unemployment rate in your state.

As the name implies, an extension of benefits allows for a continuation of unemployment recompense payments above and beyond the initial 26 week period. There are two types of extended unemployment benefits: 1. Urgency Unemployment recompense (Euc) and 2. Extended Benefits (Eb).

Emergency Unemployment recompense (Euc)

Under Euc, the estimate of added weeks you can receive will depend on the unemployment level in your state. In states with unemployment rates above 6%, you will be eligible for an added 33 weeks of benefits. If the unemployment rate in your state is below 6%, the extension of unemployment benefits is 20 weeks. Urgency Unemployment recompense is a ensue of legislation passed while 2008, and is set to expire at the end of 2009, unless Congress votes to expand it.

Extended Benefits (Eb)

Extended Benefits (Eb) offer an added extension of benefits once Euc has been exhausted. Again, the length of time you will receive added benefits depends on the level of unemployment in your state. In states with unemployment rates above 6.5%, you will be eligible for an added 13 weeks of unemployment compensation. And, if the unemployment rate in your state is above 8%, the extension of benefits is another 7 weeks (for a total of 20 weeks).

As mentioned, your state should edify you about applying for an unemployment extension when your customary benefits are about to expire. To be safe, however, it is worth contacting your unemployment office to query about an extension a few weeks before your 26 week period of regular benefits is complete. In order to qualify for an extension, you will be asked to meet the same eligibility standards required for regular benefits.

In total, getting an extension for unemployment benefits makes it inherent to receive up to 79 weeks of benefits (26 weeks of customary benefits + 33 weeks of Euc + 20 weeks of Eb) if you live in a state with a high rate of unemployment.

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