Unemployment compensation; eliminates requirement that certain benefits be reduced by 50 percent. (HB2294)

Introduced By

Sen. Jennifer McClellan (D-Richmond)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Unemployment compensation; Social Security offset.  Eliminates the requirement that unemployment compensation benefits be reduced by 50 percent of the amount of the claimant's Social Security Act or Railroad Retirement Act retirement benefits in years when the solvency level of the unemployment trust fund is less than 50 percent. Currently, such a reduction in unemployment benefits is not required in years when the solvency level of the unemployment trust fund exceeds 50 percent. Amends § 60.2-604, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/12/2011Committee
01/12/2011Prefiled and ordered printed; offered 01/12/11 11102299D
01/12/2011Referred to Committee on Commerce and Labor
01/18/2011Assigned C & L sub: #1
01/20/2011Impact statement from DPB (HB2294)
02/01/2011Subcommittee recommends striking from docket
02/08/2011Left in Commerce and Labor

Duplicate Bills

The following bills are identical to this one: SB1113 and HB2357.

Comments

Bubberella writes:

This sounds like a good bill. I don't understand why unemployment benefits should be cut if you're drawing Social Security. Does unemployment similarly offset private pensions or federal, state and local pensions? If not, then wouldn't offsetting Social Security benefits penalize the poor elderly or disabled while treating those with other pensions differently? Why would we want to discourage older people from working and why is it less of an economic dislocation if an elderly or disabled person loses a job?

Bruce writes:

I'm 68 yrs. old , have been unemployed since 09/15/2010, my Va. unemployment weekly benefit has been cut from $172.00 to 37.00 per week. It's not easy finding work when you'r my age and how do you exist on this amount of money? I've paid into fund since I was 16, as my daughter says" It just isn't fair".