Tuesday, March 14, 2017

Unemployment Insurance Benefits w/Part Time Work



I never got around to talking to the folks at the Illinois Department of Employment Security today.  I ended up having lunch with a former intern at my old law firm and visiting my sister Kira for a bit downtown. My second trip back to the city, where my previous company is, wasn’t as emotionally tough as the first one. Time is a healer and my job search progress makes me feel better.

I also talked on the phone with another colleague who will likely be able to give me anywhere between 5-20 hours of work a week of reviewing contracts. Yeah!!!

As to part-time work and unemployment benefits, in Illinois you still may claim some benefits for a week if you work less than full time provided that your part-time earnings are less than your weekly benefit amount.

If your part-time earnings are less than the weekly benefit amount, you use the following formula to calculate your partial benefit amount:

Partial Benefit Amount= Weekly Benefit Amount- (Earnings- (.50 (Weekly Benefit Amount)))

The Partial Benefit Amount is raised to the highest dollar.

So, if my earnings for part-time work during the week are $76.50, and my weekly benefit amount is $110.00, my partial benefit amount would be calculated as follows:

Partial Benefit Amount= $110- ($76.50- (.50 ($110.00)))
                                             =$88.50
                                             =$89.00 (raised to the next highest dollar)                            

Day Eleven Lesson:

1. In Illinois, You still may Receive Unemployment Benefits if You Work Part Time Provided that Your Earnings are Less than the Benefit Amounts.

Total Contacts Reached Out To: 32

Total Applications: 29

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