Requires that the average annual wage and average weekly wage of the state of New York, which determine the maximum cap for unemployment insurance benefits, be adjusted for inflation each year.
Provides that a claimant's weekly unemployment insurance benefit shall be calculated based on such claimant's average weekly wage compared to the state average weekly wage.
Provides that a claimant's weekly unemployment insurance benefit shall be calculated based on such claimant's average weekly wage compared to the state average weekly wage.
Provides that the unemployment insurance minimum weekly benefit amount shall be the greater of two hundred fifty dollars or fifteen percent of the state average weekly wage.
Provides that the unemployment insurance minimum weekly benefit amount shall be the greater of two hundred fifty dollars or fifteen percent of the state average weekly wage.
Provides that a claimant eligible to receive unemployment insurance benefits shall also be entitled to receive a dependent allowance which shall begin at forty-five dollars and shall increase annually by an amount determined by the department of labor; directs the department of labor to report to the legislature following each calendar quarter certain information about dependent allowances and to make such reports available on its website; provides that a claimant's maximum benefit amount, including such dependent allowance, shall not exceed one hundred percent of such claimant's average weekly wage from their highest-earning calendar quarter.
Provides that a claimant eligible to receive unemployment insurance benefits shall also be entitled to receive a dependent allowance which shall begin at forty-five dollars and shall increase annually by an amount determined by the department of labor; directs the department of labor to report to the legislature following each calendar quarter certain information about dependent allowances and to make such reports available on its website; provides that a claimant's maximum benefit amount, including such dependent allowance, shall not exceed one hundred percent of such claimant's average weekly wage from their highest-earning calendar quarter.
Provides that a claimant for unemployment benefits may claim an additional dependent allowance in an amount equal to 5% of the state average weekly wage for the current benefit year multiplied by the number of dependents claimed in the preceding tax year.
Provides that a claimant for unemployment benefits may claim an additional dependent allowance in an amount equal to 5% of the state average weekly wage for the current benefit year multiplied by the number of dependents claimed in the preceding tax year.
Freezes minimum wage automatic escalators and annual inflation adjustments beginning in 2027; repeals the provision of law providing that the minimum wage shall be determined by increasing the then current year's minimum wage rate by the rate of change in the average of the three most recent consecutive twelve-month periods between the first of August and the thirty-first of July, each over their preceding twelve-month periods published by the United States department of labor non-seasonally adjusted consumer price index for the northeast region urban wage earners and clerical workers (CPI-W) or any successor index as calculated by the United States department of labor.