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![]() "X ` Man" wrote in message ... On 7/19/12 9:21 AM, Eisboch wrote: "iBoaterer" wrote in message ... It's bad to want to qualify for the unemployment insurance that *I* have paid into for 30 years? ------------------------------------------------------- I don't know where you live or what state you reside in but in in all states that I am aware of, including mine, your employer pays into a fund that provides unemployment benefits. You don't pay it. States have different structures to their programs, i.e. some have a "positive/negative" balance program that determines how much the employers pay. This benefits companies that have a lower turnover of employees or fewer unemployment claims while penalizing those who have more. Ahh, precisely. It's an employer paid tax, and it is a state and federal program. ------------------------------------------- Yes. It is managed by the state you live and work in. Benefits are from a fund paid into via a unemployment tax on the employer, subsidized by state and federal funds paid by taxpayers. Overall, (and as you stated) , the tax paid by the employer isn't a major cost unless they have a high level of claims by former employees. It whacks taxpayers hard (or more accurately the required state and federal subsidies) when a company goes belly-up and all or most of the employees file claims. This is what we have been witnessing in the past several years, exasperated by the need to extend benefits far beyond the time frame that the program was designed to handle. |
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