§ 8-75-205 — Benefits formula - limitation of benefits

Colorado § 8-75-205

• Jurisdiction: Colorado
• Title 08: Labor and
• Art.: Extended Benefits Program

Text

(1) Formula. The
division shall pay an employee who is eligible for unemployment compensation
benefits under a work share plan a weekly benefit that is the product of the
employee's regular weekly benefit amount pursuant to article 73 of this title,
multiplied by the nearest full percentage of the reduction of the employee's work
hours, rounded down to the next full dollar.

(2) Limitations. (a) An individual is not entitled to receive unemployment
compensation benefits pursuant to this part 2 and regular unemployment
compensation benefits that exceed the maximum allowable total benefits payable
to an individual in a benefit year pursuant to articles 70 to 82 of this title.

(b) The division shall not pay unemployment compensation benefits to an
employee for a week in which the employee is compensated for work for his or her
employer that exceeds the reduced hours established under the work share plan.

(c) An employee receiving weekly unemployment compensation benefits
under a work share plan is not entitled to receive benefits for partial employment
pursuant to section 8-73-103 for the same week.

(d) The waiting period of one week in section 8-73-107 (1)(d) that applies to
the payment of benefits for total or partial unemployment shall apply to the
payment of benefits pursuant to this part 2.

Legislative History

Source: L. 2010: Entire part added, (SB 10-028), ch. 397, p. 1888, � 1, effective June 9.