Nys Unemployment Insurance Formula
Your benefit amount is your high quarter wages divided by 25 or 100 this amount increases to 104 on january 1 2020 whichever is higher there are maximum and minimum benefit rates.
Nys unemployment insurance formula. For example if you earned 9 000 during your high quarter calculate 9 000 26 to find that your weekly check will be 346 15. Unemployment insurance benefits you must notify the telephone claims center at 888 209 8124 or 877 358 5306 from outside new york state. Trust fund determines the employer s normal contribution rate while the balance in the general account determines the subsidiary contribution rate. If you are eligible for regular unemployment insurance benefits or pandemic emergency unemployment compensation 13 additional weeks an additional 600 per week will be added to your benefit rate until the week ending 7 26 2020.
If you do not notify us you may receive an overpayment of benefits which you will need to pay back. Divide your earnings during your high quarter by 26 to calculate your weekly unemployment insurance benefits. If you are not eligible for those benefits you may be eligible for pandemic unemployment assistance pua. If your high quarter earnings were 3 575 or less divide by 25 instead.
See the pua weekly certification instructions. An employer s new york state unemployment insurance contribution rate is divided into two parts the normal and the subsidiary contribution. If this calculation results in less than 143 your benefit amount is 143 3 575 or less. 1 888 581 5812 for new york state residents please note.
The amount of money in the u i. If you are receiving pua benefits and you want to certify by phone you should call a different number.