Tag Archive | "unemployment benefits"

COBRA subsidy eligibility period extended to May 31

WASHINGTON, D.C. — Workers who lose their jobs in April and May may qualify for a 65-percent subsidy on their COBRA health insurance premiums, according to the Internal Revenue Service. The American Recovery and Reinvestment Act established this subsidy to help workers who lost their jobs as a result of the recession maintain their employer sponsored […]

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COBRA subsidy eligibility period extended thru Feb; 15-month subsidy available

WASHINGTON, DC — Workers who lose their jobs during January and February may qualify for a 65-percent subsidy on their COBRA health insurance premiums, and these newly-eligible individuals, along with those already receiving the subsidy, can now receive it for up to 15 months, according to the Internal Revenue Service. Created by the American Recovery […]

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Bankrupt unemployment fund fix balances needs of workers, concerns of businesses

Dear Editor: Bankrupt Unemployment Fund Fix Balances Needs of Workers, Concerns of Businesses Indiana’s General Assembly last week approved a plan to replenish the state’s bankrupt jobless fund. The bill, which passed the Senate 46-3, is a bipartisan compromise that preserves worker benefits, restores the fiscal integrity of the system, and prevents premium increases for […]

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First $2,400 of unemployment benefits tax free for 2009

WASHINGTON, DC — All or part of unemployment benefits received in 2009 will be tax free for many unemployed workers, according to the Internal Revenue Service. “This morning we learned that a record 5.6 million people were receiving unemployment benefits in the middle of March. This underscores the need for the relief provided by the […]

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