The Covid relief law expands and increases unemployment benefits

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Unemployed workers would get an additional 11 weeks of unemployment benefits and a weekly improvement of $ 300 to help with payments under a Covid relief agreement that Congress reached Sunday.

According to a document summarizing the legislation, certain self-employed and group workers would also get an extra $ 100 a week.

The 11-week calendar is less than the amount offered by a bipartisan package released earlier this month. That bill would have paid extended and increased benefits for 16 weeks, in mid-April.

In total, the $ 900 billion commitment package, the result of frantic negotiations before a year-end benefit cliff for millions of workers, offers $ 120 billion in additional unemployment benefits.

There are more than 20 million Americans receiving unemployment benefits, according to the Department of Labor.

Weekly improvement of $ 300

Extended PUA and PEUC

The legislation would also extend two programs created by the CARES Act: Aid for unemployment in pandemics, which pays benefits to self-employed, contracted, self-employed and part-time workers who are not eligible for state unemployment insurance; and pandemic emergency unemployment compensation, which pays additional weeks of benefits to people who have exhausted their state benefits.

$ 100 increase for the self-employed

Some self-employed workers, workers and other workers who have wage income (i.e., W-2) and self-employed (i.e., 1099) will also be eligible for an additional $ 100 per week.

Many of these people receive unemployment benefits at a low level due to the way their benefits have been calculated. States base their benefit level solely on wages reported on their annual W-2 tax forms, excluding self-employment income, which can be much higher.

The bill also provides direct economic relief for people through $ 600 stimulus checks for people earning up to $ 75,000 a year, $ 1,200 for couples reaching $ 150,000, and $ 600. extra dollars for dependent children.

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