Oklahoma Unemployment Benefit Questions
Updated : February 13th, 2019
How long may I receive benefits?
The law establishes the maximum amount you may draw during your benefit year. This amount depends on the conditional factor of the trust fund.
For claims, effective January 1, 2019, and after the maximum benefit amount will be $520.00. Your benefit amounts, however, are dependent upon the wages you earned during the base period and hence you may receive less than the amounts listed.
What do I do if I am denied benefits?
If you disagree with the decisions of the Commission you may file an appeal to the determination by following the directions on your determination. All appeals must be filed timely. Usually, parties have ten calendar days from the mail date of the determination to appeal the determination. Please continue to file your weekly claims during the appeals process to receive benefits if your are determined eligible.
Can anyone apply for unemployment compensation benefits?
Yes. However, to qualify you must be unemployed at the time of filing or working less than full-time and earning wages less than your weekly benefit amount. You must have a minimum of $1500 in covered wages in your base period and your total base period wages must be 1½ times your high quarter wages. If you are not a citizen, you must present evidence to establish you were lawfully admitted to the United States during the period of your employment. Please note that unemployment benefit will not be granted to each applicant as this has many other requirements apart from the ones mentioned above and the most important one is, to have lost the job through no fault of your own.
Are Unemployment Benefits Taxable?
Unemployment Insurance benefits are subject to federal and state income tax. You must report unemployment benefits you receive when you file your income taxes. By January 31st of each year, the Commission will send you a form 1099-G with the amount of benefits you received the prior year. You may elect to have federal and state taxes withheld from your weekly unemployment benefits. If you choose to have the taxes withheld, federal taxes of 10% and state taxes of 3% will be deducted from the gross amount of your payment each week.
How will Pension, Annuity or Retirement Pay affect my unemployment benefit amount?
Retirement/pensions may reduce your weekly benefit amount and in some cases could make you totally ineligible to receive benefits. You must advise a claims representative if you are receiving or have applied for retirement/pension or a disability pension.
The payments will be deducted from your weekly benefit amount if
(1) the pension or payment is from a base period employer(s) and
(2) the employer contributed to or maintained the pension.
Deductible monthly pension/retirement payments will be prorated on a weekly basis. Your weekly benefit amount will be reduced dollar-for- dollar of your deductible weekly pension amount. If you receive a lump-sum distribution from a retirement plan, the payment will be deductible in the week in which you receive the payment. You must report any other type of pension payment you receive, including 401K plans. If you fail to report a pension or payment you may be required to repay any Unemployment Insurance benefits that you received.
More questions answered in the Q&A Section.