Alaska Statutes 23.20.360 – Earnings deducted from weekly benefit amount
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 23.20.360
- benefits: means the money payments payable to an individual, as provided in this chapter with respect to the individual's unemployment. See Alaska Statutes 23.20.520
- insured worker: means an individual who, with respect to a base period, meets the wage and employment requirements of Alaska Stat. See Alaska Statutes 23.20.520
- wages: means all remuneration for service from whatever source, including insured work, noninsured work, or self-employment. See Alaska Statutes 23.20.530
- week: means the period of seven consecutive days which the department may by regulations prescribe. See Alaska Statutes 23.20.520
The amount of benefits, excluding the allowance for dependents, payable to an insured worker for a week of unemployment shall be reduced by 75 percent of the wages payable to the insured worker for that week that are in excess of $50. However, the amount of benefits may not be reduced below zero. If the benefit is not a multiple of $1, it is computed to the next higher multiple of $1. If the benefit is zero, no allowance for dependents is payable.