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.
Impact
Should this bill be enacted, it would overhaul how unemployment benefits are calculated, potentially leading to higher weekly benefits for some claimants, especially those whose wages fall below the state average. Current calculations are based on antiquated parameters which could leave many inadequately supported during periods of unemployment. By tying benefits directly to state averages, the bill aims to provide a more equitable distribution of unemployment support, addressing concerns that the existing system does not adequately support lower-wage workers.
Summary
Bill S09384 aims to amend the labor law regarding the calculation of unemployment insurance benefits for claimants in New York. The proposed legislation changes the method by which a claimant's weekly benefit is determined, specifically linking it to the claimant's average weekly wage in relation to the state average weekly wage. The bill prescribes a gradual approach, with varying percentages applied to benefit calculations depending on how a claimant’s weekly wage compares to the state average. This is designed to ensure that benefits are reflective of a claimant’s earnings, thereby providing a safety net aligned with their previous income levels.
Contention
While proponents argue that Bill S09384 will benefit the workforce by providing more realistic support during unemployment, opponents may raise concerns about the fiscal implications on the state’s unemployment insurance fund. There is likely to be debate regarding the potential strain on this fund, especially in economic downturns when unemployment claims tend to rise. Additionally, there may be concerns about whether the adjustments will be sufficient in addressing the needs of all claimants, particularly those with fluctuating income levels or part-time workers.
Additional_notes
The discussions surrounding S09384 suggest that its introduction is part of a broader initiative to strengthen labor laws in New York State. This bill represents a key effort to ensure that unemployment insurance serves as a meaningful lifeline for those who have lost jobs, while also navigating the delicate balance of maintaining fiscal sustainability for state-managed funds.
Same As
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.
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 unemployment insurance benefits shall not be paid in an amount greater than thirty times the claimant's weekly benefit rate in any benefit year, subject to certain exceptions.
Provides that unemployment insurance benefits shall not be paid in an amount greater than thirty times the claimant's weekly benefit rate in any benefit year, subject to certain exceptions.
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 the weekly benefit which the disabled employee is entitled to receive for disability commencing: on or after January first, two thousand twenty-eight shall be fifty percent of the employee's average weekly wage but shall not exceed fifty percent of the state average weekly wage; on or after January first, two thousand twenty-nine shall be fifty-five percent of the employee's average weekly wage but shall not exceed fifty-five percent of the state average weekly wage; on or after January first, two thousand thirty shall be sixty percent of the employee's weekly average wage but shall not exceed sixty percent of the state average weekly wage; and on or after January first of each succeeding year, shall be sixty-seven percent of the employee's average weekly wage but shall not exceed sixty-seven percent of 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 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 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.
Providing an additional personal exemption for head of household tax filers and increasing the personal exemption for certain disabled veterans for purposes of income tax, modifying the definition of household income related to increased property tax homestead refund claims, providing for the apportionment of business income by the single sales factor and the apportionment of financial institution income by the receipts factor, providing for the apportionment pursuant to the three-factor test of a manufacturer who sells alcoholic liquor, requiring the use of single sales factor pursuant to the multistate tax compact, establishing deductions from income when using the single sales factor and receipts factor, providing for the decrease in corporate income tax rates, determining when sales other than tangible personal property are made in the state, excluding sales of a unitary business group of electric and natural gas public utilities, providing property tax exemptions for certain personal property including watercraft, marine equipment, off-road vehicles, motorized bicycles and certain trailers.