341.4171 Shared work weekly benefit amount calculation.
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/ky/chapter-341/341-4171A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)The shared work weekly benefit amount shall be the product of the regular weekly
unemployment compensation amount, as calculated under KRS 341.380, multiplied
by the percentage of reduction of at least ten percent (10%) in the individual's usual
weekly hours of work.
(2)An individual may be eligible for shared work benefits or regular benefits, as
appropriate, except that no individual shall be eligible for regular benefits, shared
work benefits, or a combination of regular benefits and shared work benefits in any
benefit year in an amount more than the maximum benefit amount established for
regular benefits in KRS 341.380, nor shall an individual be paid shared work
benefits for more than twenty-six
(26)weeks, whether or not consecutive, in any
benefit year pursuant to a shared work plan.
(3)The shared work benefits paid to an individual shall be deducted from the
maximum benefit amount established for his or her benefit year under KRS
341.380.
(4)The secretary shall promulgate rules and procedures for the filing of claims for
shared work benefits.