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Extended Benefits – July 15, 2010
- Currently, if you are receiving a one of the tiers of Emergency Unemployment Compensation (EUC), you will be able to receive these payments until your current tier expires.
- Once your current tier of EUC is finished, or if you have already received all of the benefits possible under EUC, you may be eligible for joint state / federal Extended Benefits (EB).
- There are currently 12 states offering Extended Benefits:
- Alaska – 20 weeks
- Connecticut – 20 weeks
- Kansas – 13 weeks
- Minnesota – 13 weeks
- New Hampshire – 13 weeks
- New Jersey – 20 weeks
- New Mexico – 20 weeks
- North Carolina – 20 weeks
- Oregon – 20 weeks
- Puerto Rico – 13 weeks
- Rhode Island – 20 weeks
- Washington – 20 weeks
These figures for Extended Benefits are updated weekly, and are based on state-specific criteria, including the unemployment rate in your state.
Extended Unemployment Benefits
- Extended unemployment benefits were set expire on February 28, 2010.
- The bill passed on March 2, 2010 renews the unemployment extensions that were enacted during 2009.
- As a reminder, there are currently up to 99 weeks of unemployment insurance available. The maximum benefits apply if the unemployment rate in your state is at least 8.5%.
- Regular unemployment: 26 weeks
- Emergency Unemployment Compensation (EUC): up to 33 weeks
- Extended Benefits (EB): up to 20 weeks
- Additional EUC: up to 20 weeks
- The new bill extends eligibility for the 3 additional “tiers” of unemployment benefits through the end of March.
Free Financial Assistance
- The U.S. government urges Americans to pay down credit card debt.
- There are currently programs in place to help you do this.
- You can legally cut your credit card debt: reduce your principal balance, stop late fees, and lower your interest rate. Very few people know how to take advantage of these programs.
- Fill out the quick form (it’s free & takes less than a minute) to lower your credit card bills.
COBRA Subsidy
- The 65% subsidy of COBRA health insurance payments has also been extended.
- Workers who lose their jobs through the end of 2010 are eligible for this subsidy.
Additional Unemployment Extensions
- The current bill maintains the $25 weekly increase in benefits put in place last year.
- Congress continues to discuss further unemployment extensions.
- To receive updates about the latest extension developments and to receive the free report, enter your email above.
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