Federal unemployment benefits to be reduced
BY LAURIE WINSLOW World Staff Writer
Friday, March 15, 2013
3/15/13 at 11:28 AM
Thousands of jobless workers in Oklahoma receiving federal Emergency Unemployment Compensation (EUC) will soon see a reduction in their weekly benefits because of sequestration, the Oklahoma Employment Security Commission reported Friday.
Regular state-funded unemployment insurance benefits will not be affected.
EUC is a federally funded benefit for long-term unemployed workers who exhaust regular state unemployment insurance benefits.
Due to sequestration-forced budget cuts, payments of EUC made on or after March 31, must be reduced by 10.7 percent. The OESC is sending notices to those who are impacted by these cuts.
EUC claimants can access additional information and an online calculator to estimate their payment reduction at tulsaworld.com/oesc.