TN General Assembly Reduces Unemployment Benefit Provisions To Strengthen Trust Fund

Friday, June 21, 2013

Since June 2010, eligible unemployment insurance claimants supporting minor children have been receiving $15 per child, to a maximum of $50, as a dependent allowance added to their weekly unemployment benefit amount. Those dependent allowance payments will end soon as a result of legislation signed by Governor Haslam that becomes effective July 1.

 

In 2009 Tennessee received one-time federal funds in the amount of $141,808,031 as an incentive grant under the American Recovery and Reinvestment Act to strengthen the rapidly depleting Trust Fund and continue providing unemployment insurance payments, including the dependent benefit.

Those provisions were enacted as permanent law that could only be discontinued by repeal by the Tennessee General Assembly.

 

“This action taken by the legislature is another step that will increase savings to the Unemployment Insurance Trust Fund. The healthier the Trust Fund, the lower the tax table that determines premium rates for Tennessee employers,” said Labor & Workforce Development Commissioner Burns Phillips. “The Trust Fund balance is currently $799 million and is on a positive path to maintain solvency and stability in the event of another recession. Tennessee, unlike 22 states in the nation, has no outstanding loan from the Federal Unemployment Account.”

 

For claimants currently receiving unemployment, the last payable week to receive dependent benefits will be the week that ends June 29. Claimants filing new claims for unemployment benefits on June 30 may be eligible to receive only one week of dependency benefits – for the week that ends July 6; any unemployment payments for weeks ending after that date will not include dependent allowances.

 

Other provisions included in the legislative repeal affecting claimant eligibility are these:

·After June 29, Tennessee will no longer use the Alternate Base Period to establish unemployment claims for claimants who did not earn enough in wages to establish a claim using the traditional base period.

 

·Beginning with the week that ends July 6, claimants will be ineligible for benefits for weeks in which they seek, apply for, or accept only part-time work instead of full-time work if their employment has been customarily full-time.

 

The Department of Labor & Workforce Development will notify affected claimants when they conduct their weekly certification to continue their benefits.



Jones Foundation Donates To Higher Calling Wrestling Club

The Higher Calling Youth Wrestling Club of Cleveland received a major boost of support this week from the Allan Jones Foundation.  Josh Bosken, head coach of Higher Calling, announced that his club received a check from the Jones Foundation for $16,983. The donation was a match to funds the club had raised earlier in the year. “This week’s matching donation brings ... (click for more)

New Hamilton County Businesses

Here are the new business licenses from the County Clerk's office: 1665 PAINTING OMER  MAHALBASIC RESIDENTIAL AND COMMERCIAL PAINTING INTERIOR AND EXTERIOR 1315 SAN HSI DR SIDE B CHATTANOOGA TN 37412 ADAMS TILE & TERRAZZO, INC HAROLD S ADAMS FLOORING CONTRACTOR VARIOUS LOCATIONS CHATTANOOGA TN 37402 AIRBNB SHORT-TERM RENTAL AMBER ... (click for more)

Chattanoogan Hotel Sold By City To Lexington, Ky., Hospitality Group For $32 Million

The city has reached agreement to sell the Chattanoogan hotel for $32 million. The buyer is Schulte Hospitality Group of Lexington, Ky. The firm has 102 hotels in 26 states. Daisy Madison, city chief financial officer, said the proceeds would be enough to pay off all the city's remaining debt for building it. She said there had been interest in buying the hotel before, ... (click for more)

Janice Raper, 69, Killed In Accident On Lee Highway

Janice Raper, 69, was killed Sunday evening in a car accident on Lee Highway. Chattanooga Police responded at 7:54 p.m. to a traffic crash at 6800 Lee Highway. A Toyota Sienna, driven by Ms. Raper, was traveling northbound, attempting to make a left turn onto Hickory Valley Road.  A Dodge Challenger, driven by Charise Nash, 26, was traveling southbound on Lee Highway, ... (click for more)

October Is Breast Cancer Awareness Month: Myth And Fact Check

My husband and I recently had the privilege of participating in the American Cancer Society’s Making Strides Against Breast Cancer Walk in Chattanooga. I listened as my husband told the audience about how his mother was diagnosed with breast cancer when he was nine and how she died from the disease when he was fourteen. As a child, my husband didn’t understand what breast cancer ... (click for more)

Roy Exum: Evil This Way Comes

There is a line in Act IV of William Shakespeare's Macbeth, as some of the 20,000 students at Middle Tennessee State are taught, that reads: "By the pricking of my thumbs / Something wicked this way comes." The professors explain that in the 16 th century the “pricking of thumbs” meant an intuition of evil about to happen and every student at MTSU knows several white supremacy ... (click for more)