New Jersey Statutes 43:21-24.15. Total extended benefit amount
Terms Used In New Jersey Statutes 43:21-24.15
- Benefits: means the money payments payable to an individual, as provided in this chapter (R. See New Jersey Statutes 43:21-19
- Week: means for benefit years commencing on or after October 1, 1984, the calendar week ending at midnight Saturday, or as the division may by regulation prescribe. See New Jersey Statutes 43:21-19
(1) 50% of the total of regular benefits which were payable to him under the “unemployment compensation law” (R.S.43:21-1 et seq.) in his applicable benefit year; or
(2) Thirteen times his weekly benefit amount which was payable to him under the “unemployment compensation law” (R.S.43:21-1 et seq.) for a week of total unemployment in the applicable benefit year.
b. With respect to weeks beginning during a high unemployment period, the total extended benefit amount payable to an eligible individual with respect to his applicable benefit year shall be the lesser of the following amounts:
(1) 80% of the total of regular benefits which were payable to the individual under the “unemployment compensation law” (R.S.43:21-1 et seq.) during the applicable benefit year; or
(2) Twenty times the weekly benefit amount which was payable to the individual under the “unemployment compensation law” (R.S.43:21-1 et seq.) for a week of total unemployment during the applicable benefit year.
c. Notwithstanding any other provisions of the “unemployment compensation law” (R.S.43:21-1 et seq.), if the benefit year of an adversely affected worker covered by a certification under subchapter A, chapter 2, Title II of the Trade Act of 1974, P.L.93-618, 19 U.S.C. § 2271 et seq. as amended, ends within an extended benefit period, the remaining balance of extended benefits that the individual would, but for this section, be entitled to receive in that extended benefit period, with respect to weeks of unemployment beginning after the end of the benefit year, shall be reduced (but not below zero) by the product of the number of weeks for which the individual received any amounts as trade readjustment allowances within that benefit year, multiplied by the individual’s weekly benefit amount for extended benefits.
L.1970,c.324,s.9; amended 1982, c.144, s.3; 2005, c.123, s.4.