Michigan Unemployment Benefits Calculator

It is very essential for the unemployed to know the amount on their benefit checks. Wage record provides quarterly wage information in order to assist jobless claims. To know more about this check out our Unemployment Benefits guide.

Wage record is a monetary system to monitor the eligibility for unemployment benefits. This is the system through which the employers submit their quarterly wage information for all their coverage. Earlier, Michigan followed wage record system in which they used to request weekly wage and their separation information whenever the unemployed used to file a claim for benefit.

Next the Unemployment Insurance Agency (UIA) considered the information and decided how much the workers should be allowed to receive as jobless benefits in case they lose their job.

Wage record assists jobless workers to know their beneficial check amount immediately after filing their claims. They can know the time when they can receive beneficial amount. Usually it would by 14 days or sometimes weeks.  This record also assists in tax collection details. Michigan’s wage record legislation has designed the system to be revenue and benefit neutral, from the perspective of the State’s UI trust fund. There will be no deductions or add-ons on the total amount of unemployment benefits paid or the tax collected.

Below are some of the provisions provided by the Michigan’s Law

Base Period– Earlier, the base period was calculated for 52 weeks for filing the benefits. But now it has changed and calculated on the first four of the last five completed calendar quarters. If not then last four completed quarters are taken into consideration.

Weekly Benefit Amount– Earlier wage record calculated benefits were based on 67 % after tax earning whereas now the weekly benefit amounts is calculated at 4.1% of wages paid in the high quarter plus $6 per dependent up to five dependents are allowed now  with the current maximum of $362 per week.

Qualifying Wage– Wage record is calculated as per the total wages paid in the base period. You must have earned wages in at least two quarters of your base period.  In one quarter, your wages must have been at least $2,774.  Total wages for your base period must have been at least $4,161.

The Alternate Earning Qualifier Method– This is an alternate means of qualifying the earning, but wages must have been paid in atleast two calendar quarters. That is you must have earned approximately $16, 400, 80 during the four quarters.

Benefit Duration– Earlier benefit duration was calculated by taking into consideration the number of credit weeks in the base period divided by 75%, subjected to a maximum entitlement of 26 weeks. To know more about Michigan unemployment, check out our Michigan Unemployment Benefits guide.

But now wage record is divided by 40% of base period wages with the weekly benefit amount to calculate the number of weeks to which an unemployed is entitled. The maximum weeks would be 20 and the minimum would be 14 weeks.

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