2010 Arkansas Code
Title 11 - Labor and Industrial Relations
Chapter 10 - Department of Workforce Services Law
Subchapter 5 - Benefits Generally
§ 11-10-502 - Weekly benefit amount.

11-10-502. Weekly benefit amount.

(a) An insured worker's weekly benefit amount shall be an amount equal to one-twenty-sixth (1/26) of his or her total wages for insured work paid during the one (1) quarter of his or her base period in which the wages were highest.

(b) No weekly benefit amount shall be less than twelve percent (12%) of the state average weekly wage for insured employment for the preceding calendar year for benefit years beginning after June 30, 1987.

(c) (1) No weekly benefit amount shall be greater than sixty-six and two-thirds percent (662/3%) of the state average weekly wage for insured employment for the previous calendar year for benefit years beginning after June 30, 1985.

(2) However, for benefit years beginning July 1, 2003, through June 30, 2005, the maximum weekly benefit amount shall not exceed three hundred forty-five dollars ($345).

(d) Weekly benefit amounts which are not in even multiples of one dollar ($1.00) shall be rounded to the next lower full dollar amount.

(e) On June 1 of each year, the Director of the Department of Workforce Services shall determine the average weekly wage for insured employment for the preceding calendar year in the following manner:

(1) The sum of the total monthly employment reported for the calendar year shall be divided by twelve (12) to determine the average monthly employment;

(2) The sum of the total wages reported for the previous calendar year shall be divided by the average monthly employment to determine the average annual wage; and

(3) The average annual wage shall be divided by fifty-two (52) to determine the average weekly wage for insured employment.