Will The New Stimulus Package Have Retroactive Unemployment Benefits
The benefits are set to last through mid march.
Will the new stimulus package have retroactive unemployment benefits. The stimulus plan includes a new round of federal unemployment insurance supplements this time at 300 per week. This was originally enacted under the cares act for a weekly 600 payment. Retroactive supplementary unemployment insurance 300 extra fpuc the new stimulus bill provides supplementary unemployment insurance via additional funding for the federal pandemic unemployment compensation fpuc program.
The stimulus plan includes a new round of federal unemployment insurance supplements this time at 300 per week. For millions who ve lost work or wages due to the pandemic unemployment benefits have been crucial. As soon as the latest stimulus bill is signed into law individuals currently claiming pua benefits will have 90 days to submit documents proving their eligibility for the program.
Read more under the relief package the jobless will receive a 300 weekly federal enhancement in benefits through march 14. But without more stimulus aid it s possible even extended benefits could run out for some. Benefits are calculated based on 2019 wages.
But the benefits will be retroactive to the end of december. These benefits are retroactive for weeks of unemployment beginning on or after january 27 2020 and ending on december 31 2020.