Will New Stimulus Bill Extend Unemployment Benefits
Pandemic emergency unemployment compensation from the cares act added an additional 13 weeks funded by the federal government but another stimulus bill with unemployment insurance would need to.
Will new stimulus bill extend unemployment benefits. The new stimulus bill extends two cares act programs that support the self employed freelance gig workers and long term unemployed by 11 weeks. 11 more weeks of unemployment benefits the stimulus bill will extend both the pua and peuc programs for 11 weeks as well as top up regular state benefits with an extra 300 in weekly jobless aid. The new coronavirus relief bill congress was expected to approve monday night will extend through march 14 federal unemployment benefits that had been set to expire dec.
These programs were originally scheduled to expire. If the stimulus bill passes it would extend the moratorium for one month. The 900 billion stimulus bill passed by congress this week extends the cares act s pandemic unemployment assistance program by at least 11 weeks into march 2021.
It s then expected that president elect biden would provide a longer extension once he takes office on jan. But it also adds a new. This bill includes a direct stimulus payment from the irs of 600 per person we believe individuals receiving unemployment benefits will be eligible for that payment as well.
Full federal support for extended unemployment benefits the stimulus bill also extends through march 14 2021 the provision in the families first coronavirus response act that provided temporary. The stimulus bill also extends through march 14 2021 the provision in the families first coronavirus response act that provided temporary full federal financing of extended benefits for. This was originally enacted under the cares act for a weekly 600 payment.
The new stimulus bill provides supplementary unemployment insurance via additional funding for the federal pandemic unemployment compensation fpuc program.