1
Political Issues/Comments / Re: unemployment trust fund
« on: April 22, 2010, 08:23:05 AM »
As somone who works in unemployment, albeit on the side of employers, I need to correct you Mummy that that we as employees pay in to the unemployment system as we work. In fact, it is the employers who pay for unemployment through their tax rates. If someone is fired from a job, a common misconception is that they have been paying into the fund, and generally that is the argument used when one is rightfully denied benefits. That is why companies such as mine exist, to help employers process claims and ensure that all state requirements are being met while at the same time keeping their costs and tax rates as low as they can be.
With that being said, as Caroyn stated Vermont certainly is not alone in struggling to find money to keep money in their unemployment funds, as every state seems to be having the same issues. I have to agree with Ed that steps need to be taken to ensure that those collecting benefits against their old employers and the fund need to adhere to the requirements of unemployment (both being unemployed and also actively seeking work). My thought is that the problem will not be corrected until a balance can be found between the amount that one as an individual can collect in unemployment benefits and the amount that employers are required to pay into the fund.
With that being said, as Caroyn stated Vermont certainly is not alone in struggling to find money to keep money in their unemployment funds, as every state seems to be having the same issues. I have to agree with Ed that steps need to be taken to ensure that those collecting benefits against their old employers and the fund need to adhere to the requirements of unemployment (both being unemployed and also actively seeking work). My thought is that the problem will not be corrected until a balance can be found between the amount that one as an individual can collect in unemployment benefits and the amount that employers are required to pay into the fund.