2005 Vermont Code - § 1425. — Total extended benefit amount

§ 1425. Total extended benefit amount

(a) The total extended benefit amount payable to any eligible individual with respect to his applicable benefit year shall be the least of the following amounts:

(1) fifty percent of the total amount of regular benefits which were payable to him under this chapter in his applicable benefit year;

(2) thirteen times his weekly benefit amount which was payable to him under this chapter for a week of total unemployment in the applicable benefit year.

(b) Notwithstanding any other provisions of this chapter, if the benefit year of any individual ends within an extended benefit period, the remaining balance of extended benefits that such individual would, but for this section, be entitled to receive in that extended benefit period, with respect to weeks of unemployment beginning after the end of the benefit year, shall be reduced (but not below zero) by the product of the number of weeks for which the individual received trade readjustment allowances within that benefit year, multiplied by the individual's weekly benefit amount for extended benefits.

(c) Effective with respect to weeks beginning in a high unemployment period, subsection (a) of this section shall be applied by substituting:

(1) "eighty percent" for "fifty percent" in subsection (a)(1) of this section, and

(2) "twenty" for "thirteen" in subsection (a)(2).

(d) For purposes of subsection (c) of this section, the term "high unemployment period" means any period during which an extended benefit period would be in effect if section 1421(8)(B) were applied by substituting "8 percent" for "6.5 percent." (Added 1971, No. 1, § 2, eff. Oct. 11, 1970; amended 1981, No. 194 (Adj. Sess.), § 9, eff. Oct. 31, 1982; 1993, No. 58, § 4, eff. June 3, 1993.)