Payments to the people who are unemployed by the state are termed as unemployment benefits. The basis of such benefits may be a compulsory insurance system which is Para-governmental. The amount of the payment depends on a person’s jurisdiction as well as status. It may be a meager sum which covers the basic needs or it may be a compensation for the lost pay. The aim of such a plan is to provide monetary help for a specific time or till a new job is found. Thus, unemployment benefits are part of social security scheme.
The eligibility for unemployment benefits is that a person should be registered as unemployed, usually with the condition of seeking work and not having a job currently.
In the U.S, the unemployment benefits are paid in most states for a maximum period of 26 weeks but during the period of high unemployment, additional weeks of payments may be added. In many states, the amount of compensation may be half of the earnings to a maximum amount. The unemployment benefits are covered by the Federal income taxes and must be filed under income tax return.
One should file for unemployment as soon as one is laid-off without a delay. Collection of a check takes 2-3 weeks. Filing for unemployment can be done online or through the phone. One should review the needed information, then visiting the state unemployment office. A few things are needed for filing for unemployment. These are – social security number, mailing address with zip number, Alien Registration Card for non-US citizens, phone number, details of past employers of the last two years. These details include the employers’ names, addresses along with the date of employment. After the claim is approved, one can file by mail or phone.