Federal Extensions of Unemployment Insurance Set to Expire at End Of 2012
TN UNEMPLOYMENT COMPENSATION STILL AVAILABLE FOR NEWLY UNEMPLOYED
NASHVILLE – The Tennessee Department of Labor and Workforce Development is advising approximately 39,000 unemployment claimants who are receiving federally extended unemployment insurance that their benefits will cease the first week of January 2013.
Emergency Unemployment Compensation (EUC08) is a federally-funded program, which provides unemployment benefits to individuals who have exhausted the first 26 weeks of state benefits (maximum). The federal program was slated to expire at the end of 2011, but the Middle Class Tax Relief and Job Creation Act of 2012 extended the expiration date of EUC08 to January 2, 2013.
“There is no indication that there will be another extension of these benefits,” said Labor Commissioner Karla Davis. “It’s important for claimants receiving federal benefits to understand this safety net will no longer be available.”
The last payable week for all claimants receiving EUC08 federal benefits will be the week ending December 29, 2012, meaning claimants will certify for that week and receive their last payment the first week of January. All claimants in the EUC08 program — no matter how many weeks they were initially notified they would receive, what tier of EUC they are in, or the amount of balance in that tier — will receive their last EUC08 payment during the first week of January.
After January 2nd Tennessee will return to the system in which an approved new claim could have a maximum of up to 26 weeks of Tennessee Unemployment Compensation benefits.
Additional updates will be provided on the Tennessee Department of Labor and Workforce Development website at http://www.tn.gov/labor-wfd/2012_Unemployment_Update.shtml.
-# # #-