ID H0558

Eliminates the unemployment rate-based sliding scale that previously allowed 10-26 weeks of benefits based on state unemployment rates, replacing it with a fixed benefit entitlement table based solely on the ratio of total base period earnings to highest quarter earnings.

Establishes a simplified benefit structure where individuals with earnings ratios of 1.25-2.00 receive 10 weeks of benefits and those with ratios of 2.0001-4.00 receive 14 weeks of benefits.

Adds a provision allowing eligible individuals receiving 14 weeks of benefits to receive an additional 2 weeks if their former employer certifies the individual is anticipated to return within 16 weeks, with certification allowed to be filed electronically.

Clarifies that severance pay constitutes wages for purposes of benefit reduction calculations, even when a claimant must sign a release of claims to receive the payment.

Takes effect January 1, 2025.