MA S1320

Lowers the minimum wage requirement for unemployment insurance eligibility from 30 times the weekly benefit rate to 15 times the individual's average weekly wage in the base period

Sets weekly unemployment benefits at 50% of the individual's average weekly wage, with a maximum cap of 57.5% of the statewide average weekly wage

Establishes a minimum weekly benefit of 20% of the statewide average weekly wage or 75% of the individual's average weekly wage, whichever is less

Caps total annual benefits at 60% of base period wages or 30 times the weekly benefit rate, whichever is less

Reduces total benefits to 26 times the weekly benefit rate when unemployment falls to 5.1% or below across all 10 Massachusetts metropolitan statistical areas for 12 consecutive months