For Immediate Release
April 22, 2013
New Hampshire Employment Security
Individuals out of work for more than 6 months will soon see a reduction in available unemployment benefits. The method by which a weekly benefit amount is calculated for new claims filed under the Federal Emergency Unemployment Compensation (EUC) program will change effective 4/28/2013. The EUC program is available to individuals who have already exhausted the first 26 weeks of benefits that are paid by the state.
Due to Federally mandated sequestration spending cuts, all states must reduce the amount of EUC benefits paid. The amount that each state must cut depends on when the state implements the reduction and the plan as approved by USDOL. New Hampshire’s plan leaves intact all existing EUC claims, grandfathering them at their current weekly benefit amount and benefit balance. An average of 1,781 individuals are currently filing weekly for EUC.
Only new EUC claims filed on or after 4/28/2013 will be impacted by the sequestration cuts. The weekly benefit amount established for these claims will be reduced by 16.7%. Between 150 and 180 new EUC claims are filed weekly and will be impacted by this reduction. The average weekly benefit amount in New Hampshire is $289 and the maximum benefit payment is $427, which would result in $241 weekly or maximum of $356 after the reduction.
These cuts are effective through the Federal Fiscal Year that ends 9/30/2013. It is not known at this time what impact there may be on EUC benefits between 10/1/2013 and the current scheduled end of the program on 12/31/2013.
If you have questions in regards to sequestration, please feel to contact us (603) 228-4000.
New Hampshire Employment Security (NHES)
32 South Main Street | Concord NH 03301 | 603-224-3311 | 1-800-852-3400
TDD Access: Relay NH 1-800-735-2964
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