Unemployment Benefits Calculator
Calculate your projected benefit by filling quarterly wages earned below:
This calculator is here to assist you in evaluating what you might obtain if you are entitled to receive benefits. We make no promises that the sum you receive will be equal to what the calculator illustrates.
Non-Monetary Eligibility Requirements
You can collect benefits if you meet a series of legal eligibility requirements mentioned below and more:
- Have earned qualifying wages
- Unemployed through no fault of your own
- Able and obtainable to work full-time
- Actively looking for full-time work
In addition to having adequate earnings, you must meet other eligibility benefits to be entitled for UI benefits. Some instances or issues that may influence eligibility for UI benefits comprise:
- Reason for job separation
- Proper weekly claim filing
- School attendance
- Self employment or corporate offices
- Strike or labor disputes
- Denial of a job offer
- Alien status
- School employee
- Illness or injury
- Professional athlete
More details on UI eligibility can be found in the unemployment eligibility article.
Monetary Eligibility Requirements
You must have worked in at least two calendar quarters of your base period and have enough wages. Under the present law, you may be eligible monetarily if you were paid certain wages in covered employment in the calendar quarter of your period in which your wages were the maximum. Also, your total base period wages were no less than one and a half times the wages paid in that highest quarter. These figures are state specific.
For more information on Base Period and monetary determination refer unemployment eligibility article.
How long will I receive benefits:
Usually, most states permit an individual to obtain unemployment for a maximum of 26 weeks, or half the benefit year. A few states have standardized benefit duration, while most have different durations depending upon the worker. In a state with varied duration, it is probable that the benefit year may include less than 26 payable weeks.
The calculation is done using these formula – 26xWBA or 1/3 BPW. Normally, the smallest amount is considered. WBA is the Weekly Benefit Amount, so 26xWBA would be the regular week program. 1/3 BPW refers to the Base Period Wages, so if a person did not succeed to earn more than 3 times the standard benefit amount, they will be suitable for fewer weeks of coverage.
How much weekly benefit will I receive:
You can calculate your potential benefits online. Your weekly benefit amount and the number of weeks of entitlement are based on the wages you were paid and amount of time you worked during your base period. The weekly benefit amount is calculated by dividing the sum of the wages earned during the highest quarter of the base period by 26, rounded down to the next lower whole dollar. The result cannot exceed the utmost weekly benefit permitted by rule. This is a state specific parameter and is dependent on the state’s budget and unemployment rate.
The base period is the term used to describe the time frame used as the basis for deciding whether or not you will be monetarily eligible for unemployment.
How are Benefits Calculated:
So how are these benefits calculated? What determines the amount you receive as benefits?
Formula and method to calculate benefits are very state specific. About half of the states use the highest quarter method in which the calendar quarter where your earnings are the highest is taken into consideration. Other states would sum up all your earnings and consider you eligible if the amount is more than what is set up.
Unemployment is computed and can range from one half of what your weekly pay was at the time of the discharge up to your state’s maximum benefit. You will have to verify with your state’s unemployment office to see what the highest payout for your state is. For further details refer unemployment benefits article.