SB2678

Mississippi SB2678 revises unemployment benefit duration based on the state's average unemployment rate.

Mississippi SB2678 amends the Mississippi Code to adjust the duration of weekly unemployment benefits based on the average unemployment rate. The bill sets maximum weekly benefit amounts and ties the number of weeks an individual can receive benefits to the state's unemployment rate. For instance, if the average unemployment rate is 5% or less, claimants can receive up to 12 times the weekly benefit amount. The bill also mandates the Mississippi Department of Employment Security to create actuarial models for benefit computation and requires a report to the legislature by December 31, 2008.