PRESS RELEASE: Department of Labor distributes more than $21 million to Vermonters through Lost Wage Assistance program
PRESS RELEASE: Vermont Secures Federal Funding for Increased Unemployment Benefits through the Lost Wages Assistance Program
Computing Weekly Benefit Amount (WBA)
If an unemployed worker is monetarily eligible for benefits, the weekly benefit amount is computed by dividing the total wages paid in the two highest quarters in the worker’s base period by 45.
The amount of weekly benefits is capped each year, for the period beginning July 1st through June 30th of the following year.
Duration of Benefits
The maximum number of weeks an individual can receive in a benefit year is 26 times the WBA.