COVID-19: Unemployment Insurance for Workers Impacted by COVID-19

Mar 23, 2020 - During September and October 2020, under a FEMA-funded program called “lost wages assistance, ” UI recipients received an additional $300 weekly for up to six weeks. In December, 2020, H.R. 133 re-instituted the weekly $300 added benefit for January 1, 2021 to March  14, 2021.
https://lao.ca.gov/Publications/Report/4208

The 2022-23 Budget: Assessing Proposals to Address Unemployment Insurance Fraud

Feb 15, 2022 - These efforts added to the already high workload  at  EDD. Under Longstanding EDD Practices, Workers Must Pass Multiple Identity Tests. When an unemployed worker submits a claim for UI payments, EDD confirms the worker ’s identifying information with the federal Social Security Administration and the state Department of Motor Vehicles.
https://lao.ca.gov/Publications/Report/4542

Revisiting the Unemployment Insurance Trust Fund Insolvency

Sep 30, 2016 - Adding this payment to previous interest payments, the state has spent a total of almost $1.4  billion in General Fund resources servicing the federal loan since the beginning of the recession. The state is estimated to make additional interest payments of $52  million in 2017 and $17  million in 2018 before the loan is projected to be fully repaid in 2018, as shown in Figure  2 below.
https://lao.ca.gov/Publications/Report/3503

The 2022-23 Budget: State Payments on the Federal Unemployment Insurance Loan

Feb 15, 2022 - See our May 2021 report for a detailed overview of the state’s UI system. Brief Overview of UI UI Program Assists Unemployed Workers. Overseen by the Employment Development Department (EDD), the UI program provides weekly payments to workers who lost their jobs through no fault of their own.
https://lao.ca.gov/Publications/Report/4543

Repaying the State’s Federal Unemployment Insurance Loan

May 26, 2021 - UI Program Is Financed With Payroll Taxes Paid by Employers. Employers pay both state and federal UI payroll taxes. State UI tax revenues are deposited into the state ’s UI trust fund to pay benefits to unemployed workers.
https://lao.ca.gov/Publications/Report/4442

The 2021-22 Budget: Interest Payment on Federal Unemployment Insurance Loan

Feb 10, 2021 - UI Program Is Financed With Payroll Taxes Paid by Employers. Employers pay both state and federal UI payroll taxes. State UI tax revenues are deposited into the state ’s UI trust fund to pay benefits to unemployed workers.
https://lao.ca.gov/Publications/Report/4360

State Options to Expand Unemployment Benefits

Apr 9, 2020 - When this occurs, the state receives federal UI loans to continue paying out benefits. Once the economy recovers, the state and employers repay the federal UI loans. Increased UI Benefits Under Federal COVID-19 Relief Package.
https://lao.ca.gov/Publications/Report/4219

Revisiting the Unemployment Insurance Trust Fund Insolvency

Sep 30, 2016 - Employers pay both state and federal UI payroll taxes. State UI taxes are deposited into the state ’s UI trust fund to pay for benefits to unemployed workers. Federal UI taxes are typically used to pay for certain costs other than state benefit payments, such as program administration.
https://lao.ca.gov/Publications/Report/3503/1

Revisiting the Unemployment Insurance Trust Fund Insolvency

Sep 30, 2016 - California employers are currently subject to increased federal UI taxes for this reason. State UI Tax Is Experience-Rated, While Federal UI Tax Is Not. As described in our second post , state UI tax schedules require relatively higher tax rates for employers whose former employees disproportionately receive UI
https://lao.ca.gov/Publications/Report/3503/2

Revisiting the Unemployment Insurance Trust Fund Insolvency

Sep 30, 2016 - The previous posts reviewed the current condition of the UI trust fund and how it may change in the near future, provided context on who pays UI taxes and how much they pay, and assessed the extent to which the UI trust fund is prepared for the next economic downturn.
https://lao.ca.gov/Publications/Report/3503/3