How to Collect Unemployment Benefits
Monetary Aid During Unemployment
Losing one’s job can be reason to panic as there is no longer a source of steady income. If a job has been lost through no fault of one’s own, unemployment benefits may provide monetary aid while a new job search is on the way. It’s important to file for these benefits upon notification of a job loss. Unemployment benefits do expire and are based on the application date of when it is filed.
Unemployment Eligibility Requirements
Determine eligibility for unemployment benefits. If a job has been lost through no fault of one’s own (laid off), unemployment benefits can typically be collected. However, if an individual has quit a job without good cause such as to enroll in school or seek self-employment, or were terminated for misconduct, unemployment benefits are likely to be denied.
Each state has different laws regarding eligibility for unemployment. Research must be conducted in the specific state to determine eligibility. Individuals must meet a certain amount of hours worked and money earned during the previous fiscal year to qualify.
The following requirements must be met to be eligible for Unemployment Benefits:
- Physically able to work
- Ready to accept work
- Actively seeking work
When to File a Claim
File for unemployment as soon as the job has been terminated. Unemployment benefits cannot be collected retroactively from the date a job has been lost. Benefits begin on the date the application is processed. There is a time frame on benefits in which they will expire and if they are not applied for and processed in a timely fashion.
How to File a Claim
Contact the state unemployment office. A list of state unemployment offices can be found under References. Many states allow individuals to apply online for benefits. The following information is necessary when applying for benefits:
- Mailing address
- Telephone number
- Social security number
- Driver’s license number
- Contact information of last employer
- Employer’s Federal ID Number (from pay stub or W2)
- Last date worked and reason for no longer working
How are Benefits Calculated?
Benefits are calculated based on earnings made during a specific 12 month period (base period). The base period typically begins 15-17 months prior to the date of when the claim is filed. The amount that will be paid each week is calculated is based on whichever calendar quarter has the highest earnings during the base period.
How Long Do Benefits Last?
Unemployment benefits are typically effective for one year after the claim has been filed. Individual’s can receive from 12-26 weeks of full benefits. The number of weeks is determined by the total earnings made in the base period. During high unemployment, Congress and State Legislature may approve of extended benefits. Extended benefits may provide for an additional 13-20 weeks of payment.
The Unemployment Office
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