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.


Chattanooga Business Leaders To Discuss Economic Impact Of New Climate Policies

With severe weather events causing economic losses across the country, business leaders will join Mayor Andy Berke and Heather McTeer Toney, Southeast Regional Administrator for the U.S. Environmental Protection Agency, for a roundtable to discuss the impact of climate change on Tennessee businesses.   Local business and community leaders will talk ... (click for more)

June County Unemployment Rates

County unemployment rates for June show the rate increased in all 95 counties. Specific county information for June is available on the Internet; enter http://www.tn.gov/labor-wfd/labor_figures/LaborJune2014.pdf . Davidson County had the state’s lowest major metropolitan rate in June at 6.0 percent, up from 5.2 in May. Knox County was 6.3 percent in June, up from 5.3 in May. ... (click for more)

One Of Oldest Log Homes At University Of The South Suffers Heavy Fire Damage

The oldest log home at the University of the South at Sewanne suffered heavy damage on Friday night. Fire broke out at the historic Rebel’s Rest at approximately 11:30 p.m. Fire units arrived a short time later, but flames were shooting high in the air. Rebel's Roost was built as the family home of Major George Fairbanks a year after the close of the Civil War. The house ... (click for more)

Corker Says Congress Needs Time To Review Plan For VA Reforms

As negotiations between the Senate and the House of Representatives over legislation to reform the Department of Veterans Affairs (VA) continue,  Senator Bob Corker urged that lawmakers have the opportunity to review a complete Congressional Budget Office (CBO) score on any final conference VA bill before taking a vote. “Our veterans deserve solutions to the systemic problems ... (click for more)

Voters Deserve The Truth About Tennessee Supreme Court Justices

I am an experienced trial lawyer, and, frankly, I am dismayed with the negative advertisements and mailers about three of our Tennessee Supreme Court Justices.  These mailers talk about the Justices being liberal and tie them to Obamacare.  Clearly, this propaganda attempts to focus attention away from the Justices themselves to political subjects sensitive to many Tennesseans. ... (click for more)

Roy Exum: Two Wrongs Not Right

Scottie Mayfield is a delightful friend of mine but he’s the last guy in the world who should be aiming at anybody’s character. He’s always had class but today Scottie is the “star” of a shameful political commercial in which he assails challenger Weston Wamp on behalf of a panicked Chuck Fleischmann. Mayfield, you’ll remember, ran against the two in the last race for the District ... (click for more)