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A Detailed Guide To The $375 Stimulus Payments In Colorado

Updated : November 3rd, 2020

Colorado’s Governor Jared Polis recently signed an executive order to stimulate the state’s economy and extend support to the Coloradans’ worst hit by the current economic crisis. The executive order aims to provide $375 stimulus payments to the qualifying Coloradans.

The stimulus package is said to cost the state about $168 million. The order will provide financial aid to more than 400,000 Coloradans whose earnings are affected by the COVID-19 pandemic. 

More About The $375 Stimulus Payments In Colorado

According to the Colorado Governor’s office, on October 28, 2020, Governor Jared Polis signed an executive order that will provide a one-time, $375 stimulus payment to the residents facing economic hardship caused directly by the COVID-19 pandemic. 

The Colorado Department of Labor and Employment (CDLE) estimated that about 65% of the total Unemployment Insurance claimants since March 15, 2020, will qualify for the stimulus payments. 

Governor Jared Polis stated, “Washington D.C has failed to act to provide additional direct cash support for hardworking Coloradans and to stimulate the economy further, so today Colorado is boldly doing our part to help our own.” 

Polis further stated, “I am taking swift action in close consultation with legislative leadership and members of the Joint Budget Committee (JBC) to direct immediate payments to people whose lives and jobs have been hurt due to the COVID-19 pandemic. Colorado can and should act now to help the hardworking people who will help lead us out of this challenging time, and that’s what we’re doing today.”

The state tied the one-time stimulus payment to the regular Unemployment Insurance (UI) program. Governor Polis noted that many residents had not received their federal unemployment benefits since early September 2020. The new executive order directs the stimulus payment from the state’s UI system to qualified individuals.

Who Funds The Stimulus Payments?

The $168 million funds for the executive order will be made available from the following funds:

  1. $5.3 million from the Controlled Maintenance Trust Fund.
  2. $13.8 million from the existing funds in the Disaster Emergency Fund.
  3. $148.9 million from the General Fund from the Medicaid dollars. 

Large funds are available from the Medicaid dollars due to the extension of federal matching funds and lower estimated growth in Medicaid enrollment. 

Who Qualifies For The $375 Stimulus Payments In Colorado?

To receive $375 stimulus payments, one should meet certain eligibility criteria. 

  1. Coloradans who received unemployment benefits at least $1 through the unemployment program between March 15 and October 24, 2020, qualify for the payment.
  2. Coloradans who were eligible for weekly unemployment benefits between $25 to $500 between March 15 and October 24, 2020 qualify for the stimulus payment. 

Note – Unemployment program includes the state Unemployment Insurance program, 

Pandemic Emergency Unemployment Compensation (PEUC), Extended Benefits (EB), Pandemic Unemployment Assistance (PUA), federal unemployment for ex-service members, Trade Readjustment Allowance (TRA), Short-Time Compensation (STC), and payments under the Self-Employment Assistant (SEA) program. 

According to the Colorado Department of Labor Employment (CDLE), the stimulus checks are not regular unemployment or enhanced unemployment payments and therefore are not subject to the federal and state unemployment eligibility criteria and rules. 

How To Apply For The $375 Stimulus Payments?

According to the CDLE, eligible Coloradans need not take any additional steps to receive the stimulus check. The Department will directly contact the qualified individual for the one-time payment. Coloradans will get a notification through mail or by phone and receive the payment through their bank account or ReliaCard. However, to speed up the process, claimants can cross-verify if their address and payment information is up to date. 

When Will The Coloradans Receive The Payment?

According to the CDLE, the eligible Coloradans can expect to receive stimulus payment starting December first week. 

What To Do If One Is Recently Unemployed?

As mentioned above, to receive a $375 stimulus payment in Colorado, one should receive state-required minimum benefits between March 15 and October 24, 2020. If an individual has lost a job recently, he or she cannot qualify for the stimulus payment. However, the individual can still qualify for the regular Unemployment Insurance program. 

Who Qualifies For The Colorado Unemployment Benefits?

Individuals who have met certain eligibility criteria will only qualify for the unemployment benefits in Colorado. The eligibility requirements include:

  • One must have lost a job through no fault of his or her own
  • One must be able, available, and ready to take up a suitable job
  • One must be actively seeking a job
  • One must record his or her work search activities 
  • One must have earned state-defined minimum wages and worked for minimum hours 

One can apply for unemployment benefits in Colorado by visiting https://myui.coworkforce.com/Welcome

Note that the self-employed, gig-workers and independent contractors do not qualify for the regular unemployment benefits program but for the Pandemic Unemployment Assistance program. 

The Pandemic Unemployment Assistance Program

The Pandemic Unemployment Assistance program was created under the CARES Act to provide benefits to those who otherwise do not qualify for the regular unemployment benefits. The program provides benefits up to 39 weeks and is scheduled to end on December 31, 2020. 

To qualify for the Pandemic Assistance program, one must meet eligibility requirements including, but not limited to:

  • Lost job due to the direct result of COVID-19 
  • Is diagnosed with COVID-19 and seeking medical help 
  • Is giving care to a family member diagnosed with COVID-19

To know more about the program in the state, visit the CDLE website.  

Final Words 

The state is taking all necessary steps to help the unemployed residents. The Governor is looking to work with state lawmakers to develop plans to provide an economic stimulus in the next state budget. The Governor’s office is drafting a proposal, which will be presented to the state legislature’s joint budget committee on November 12, 2020.

 

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  1. How do you get a hold of a live person to talk about your rejected back to work bonus. They keep asking for pay stubs. I submit and get the same rejection letter again. What am I missing. Need to talk to a real person.

    1. Desree,

      The phone lines might remain busy during peak hours. Please consider the option of visiting an office in the vicinity if safe and feasible (you might be required to book an appointment prior to the website).

  2. Form SSA-632BK , quote “File to waive the overpayments if the overpaid unemployment amount was not your fault. You can request an overpayment waiver by filing the Social Security Administration (SSA) form”. Thank you for the information that this form can be used for unemployment benefit overpaid. I try to file a form SSA-561, Request for Reconsideration.

  3. I filed for unemployment benefits in November 2020 and requested payments every time as requested up untilvthe time I went back to work in February 2021 and still Have Not received the first payment from unemployment office when should I expect to receive these payments

    1. Debbie,

      For a faster resolution, please consider the option of visiting an office in the vicinity if safe and feasible (you might be required to book an appointment prior to the website).

  4. Think it that people only qualify for back to work bonus, if they were still getting unemployment in May. I stopped receiving PUA benefits in beginning of year and went back to work in March after having been unemployed since March 2020… I think I should be eligible.

    1. Kris,

      I suggest you talk to the Unemployment Office for clarification. If you think you’ve been denied wrongfully, please consider filing an “Appeal”.

  5. I’m Tonya Denise Sneed and I have still not been compensated for doing my weekly certification… That the week of my pay, I was never paid… And I need that money from May 4, 2020

    1. Tonya,

      Please note this is a private forum and we do not have access to your claim file. Kindly chase the Unemployment Office over the phone or via the website.

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