HB5094 Summary

• Amends the Unemployment Insurance Act Section 611 to exclude primary Social Security old age and disability retirement benefits from disqualifying income.

• Creates new paragraph 2.1 stating that Social Security benefits (including those based on self-employment) shall not constitute disqualifying income because the individual contributed to the cost of benefits.

• Removes the previous language that counted primary Social Security benefits as half-disqualifying income under paragraph 2.

• Maintains existing rules that certain employer-provided retirement payments remain disqualifying or half-disqualifying income depending on whether the employer paid all or only part of the cost.

• Preserves the requirement that governmental and other pension payments remain fully disqualifying income for weeks beginning after March 31, 1980, to comply with Federal Unemployment Tax Act requirements.