The CARES Act & Iowa Workforce Development: PEUC & State Extended Benefits

By May 30, 2020CARES Act, COVID-19

Iowa Workforce Development (IWD) released information regarding Pandemic Emergency Unemployment Compensation (PEUC) and Federal Pandemic Unemployment Compensation (FPUC). PEUC provides an additional 13 weeks of federally funded benefits to individuals who have exhausted their 26 weeks of regular state unemployment benefits. PEUC’s weekly benefit amount is the same amount paid out for regular benefits. Payments will include all back payments for which the individual is eligible, as well as the additional $600 weekly FPUC payments through the end of July 2020. PEUC will be available for weeks of unemployment beginning on or after March 29, 2020 and through the week ending December 26, 2020.

Also, State Extended Benefits (EB) were triggered due to the increased number of unemployment benefits since the March 2020. Individuals who exhaust their weeks of regular state benefits and then the 13 weeks of PEUC benefits will now be eligible for EB too, which provides up to an additional 13 weeks of regular benefits while State EB is still triggered “On” in this state. The weekly benefit amount for State EB is the same amount an individual receives for regular benefits and PEUC. The state advises that individuals will automatically be moved to the two new programs as they exhaust regular benefits and no further action is needed. However, individuals will not be eligible for State EB until PEUC benefits have been exhausted. The state will notify individuals when they exhaust PEUC and become eligible for State EB. As the state reopens, the State EB program will end. IWD will provide additional details of the State EB program as guidance is received from the U.S. Department of Labor. Statewide unemployment claims data is available on the state’s website: http://www.IowaWorkforceDevelopment.gov.

 

Our office will monitor COVID-19 updates closely and will send out additional announcements as we become aware of any updates. You can also review these updates on our website at http://www.thomas-and-company.com/covid-19/ too.

Please reach out to your representative with any questions.

Mike Parker

Author Mike Parker

Mike has 30 years of experience in unemployment cost control management, and has been with Thomas & Company for 25 years. He is the primary contact with state agencies building strong relationships, lobbying for opportunities that increase quality of service and efficiencies, and insuring compliance with state specific requirements. He works with the client service team, answering technical questions related to the unemployment insurance programs administered by the individual states and oversees the processes associated with wage audits and fraudulent claim inquiries. Mike is a member of the SIDES Operations Committee and currently sits on four Operations Committee subcommittees.

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