Establishes the transitional wage insurance program to provide temporary wage supplements to eligible individuals who accept new employment at a.

The bill establishes the transitional wage insurance program, which provides temporary supplemental payments to eligible individuals who accept new employment at a lower wage than their prior employment. The benefit amount equals the difference between the claimant's average weekly wage in prior employment and in new employment. Benefits are capped at $10,000 and cannot exceed 104 weeks. The program is administered by the department of labor, which is responsible for outreach, funding, and rules and regulations.

Establishes the transitional wage insurance program to provide temporary wage supplements to eligible individuals who accept new employment at a.

The bill establishes the transitional wage insurance program, which provides temporary supplemental payments to eligible individuals who accept new employment at a lower wage than their prior employment. The benefit amount equals the difference between the claimant's average weekly wage in prior employment and in new employment. Benefits are capped at $10,000 and cannot exceed 104 weeks. The program is administered by the department of labor, which is responsible for outreach, funding, and rules and regulations.