HR Tip of the Week: CARES Act Emergency Unemployment Benefits are Rolling Out
The emergency unemployment benefit provisions of the Coronavirus Aid, Relief and Economic Security (CARES) Act include increases in weekly unemployment benefits workers can receive and extends the time they can receive payments. Here is a summary of what’s included:
Pandemic Emergency Unemployment Compensation (PEUC)-States can provide up to 13 weeks of federally funded benefits to qualified individuals who:
The cost of PEUC benefits is 100% federally funded. States may not charge employers for any PEUC benefits paid.
Federal Pandemic Unemployment Compensation (FPUC)-States will administer an additional $600 weekly payment to certain eligible individuals who are receiving other benefits.
Pandemic Unemployment Assistance (PUA)-Provides unemployment benefits to independent contractors, gig workers and the self-employed.