What is the daily benefit rate payable in the new benefit year beginning July 1, 2009?
Almost all employees will qualify for the new maximum daily benefit rate of $64, which increased from $61 under indexing provisions reflecting the growth in average national wages. Benefits are generally payable for days of unemployment or sickness in excess of four in biweekly claim periods, which yields $640 for each two full weeks of unemployment or sickness. However, sickness benefits resulting from other than on-the-job injuries are subject to tier I railroad retirement payroll taxes for the first six months after the employee last worked. 2. What are the eligibility requirements for railroad unemployment and sickness benefits in the new benefit year? To qualify for normal railroad unemployment or sickness benefits, an employee must have had railroad earnings of at least $3,200 in calendar year 2008, not counting more than $1,280 for any month. Those who were first employed in the rail industry in 2008 must also have at least five months of creditable railroad service in 2008. Und
Related Questions
- My employer/insurer is concerned about implementing the MedEncentive Program at a time other than the beginning of a benefit year. How should I respond to this concern?
- If I use approved annual leave beginning July 1, 2009, can it be retroactively changed to Section 25 Leave Days at a later date?
- What is the daily benefit rate payable in the new benefit year beginning July 1, 2006?
