§ 22-4-5-1 — Definition

Indiana § 22-4-5-1

• Jurisdiction: Indiana
• Art. 4: UNEMPLOYMENT COMPENSATION SYSTEM
• Ch. 5: Deductible Income Defined

Text

(a) "Deductible income" wherever used in this
article, means income deductible from the weekly benefit amount of an
individual in any week, and shall include, but shall not be limited to,
any of the following:
(1) Remuneration for services from employing units, whether or
not such remuneration is subject to contribution under this article,
except as provided in subsection (c).
(2) Dismissal pay or severance pay, including:
(A) money that an employer pays to a dismissed employee to
compensate the employee for income lost due to
unemployment; and
(B) remuneration paid to a dismissed employee under a
separation agreement.
(3) Vacation pay.
(4) Pay for idle time.
(5) Sick pay.
(6) Traveling expenses granted to an individual by an employing
unit and not fully accounted for by such individual.
(7) Net earnings from self-employment.
(8) Payments in lieu of compensation for services.
(9) Awards by the National Labor Relations Board of additional
pay, back pay, or for loss of employment, or any such payments
made under an agreement entered into by an employer, a union,
and the National Labor Relations Board.
(10) Payments made to an individual by an employing unit
pursuant to the terms of the Fair Labor Standards Act (Federal
Wage and Hour Law, 29 U.S.C. 201 et seq.).
(b) Deductible income shall not include one hundred dollars ($100)
of remuneration paid or payable to an individual with respect to any
week.
(c) For the purpose of deductible income only, remuneration for
services from employing units does not include holiday pay, bonuses,
gifts, or prizes awarded to an employee by an employing unit.
(d) Deductible income does not include a supplemental
unemployment insurance benefit made under a valid negotiated
contract or agreement.
(e) Deductible income does not include any payments made to an
individual by a court system under a summons for jury service.
Formerly: Acts 1947, c.208, s.501; Acts 1953, c.177, s.10; Acts
1957, c.299, s.16; Acts 1967, c.310, s.7. As amended by P.L.227-1983,
SEC.2; P.L.20-1986, SEC.3; P.L.138-2008, SEC.2; P.L.110-2010,
SEC.24; P.L.2-2011, SEC.5; P.L.85-2023, SEC.1.