Specifies contribution rates for employers to the unemployment insurance fund in the 2022 and 2023 fiscal years, regardless of what the current actual size of the fund index is; sets the unemployment insurance maximum benefit rate.
Provides for the rate of employer contributions to the unemployment insurance fund in the 2026 fiscal year; establishes the unemployment insurance solvency reserve fund.
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 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.