Unemployment insurance will provide an eligible person with a temporary source of income. If you are considered to be eligible and have lost your job, you will then receive a number of weekly payments. These payments will typically come from an unemployment fund that has been set up and paid into by your last employer. This is generally done via payroll taxes while you are still in gainful employment. In order to receive unemployment insurance you will also be required to complete the proper documentation. You should also be aware that unemployment insurance will only be paid from the day that you file a claim. Therefore, it is in your best interest to not procrastinate on this matter.
In the majority of cases, a person will become eligible for unemployment insurance as soon as their contract of employment has been terminated. However, you should be aware that the termination of employment must be the decision of the employer. Therefore, should you choose to resign or quit then you will not be eligible for unemployment insurance. With that said, if there are certain extenuating circumstances, this may make a difference. They circumstances will need to be proven prior to any form of unemployment insurance being paid.
Another factor that you will need to consider is that if you have been employed for less than three months before your contract of employment was terminated you are unfortunately ineligible. This is also the case if you are fired due to misconduct or for damage to company property. The likelihood in this scenario is that you will also be considered ineligible. Other cases of ineligibility will be someone who is self-employed, someone who is not a US citizen, and somebody who was not legally employed.
If your hours at work have been cut, you may also be able to apply for partial unemployment insurance. Another example of where you may be able to claim for unemployment insurance is if your place of employment has become damaged due to fire or forces of nature such as a flood or hurricane, and this has forced you to lose your job. In the case of your company's offices becoming damaged, you will not typically be required to work the requisite three months.
Previously, for a person wishing to claim unemployment insurance they would typically need to visit their local unemployment office on either a weekly or monthly basis. This would be required to file the correct papers and also to prove that you are actively seeking gainful employment. However, this procedure can now be completed either over the phone or online. In order to determine whether you need to appear in person to collect unemployment insurance payments you will need to check with your specific state's guidelines.
In order to apply for unemployment insurance once your contract of employment has been terminated, it is recommended that you check with your local Department of Labor. This can now also typically be done over the telephone or by computer. This will, of course, save you a lot of time and energy, which can then be used to find another job.
There is certain information and indeed documentation that you should bring with you prior to filing a claim. These will include your Social Security number, as a claim will not be filled out without your Social Security number. You should also bring your employer's letter of notice or separation, the names and addresses of all your employers over the previous 18 months, and your proof of immigration status if you are not a US citizen. You should also provide a personal check that includes your bank routing number and account number. This is typically provided so that your benefits can be deposited directly into your checking or savings account. As mentioned, claims will always be effective from the date they are filed, and not from the last day that you worked.
You should also be aware that in the vast majority of states your eligibility for unemployment insurance benefits will generally be based on the wages you have earned. Therefore, your benefits will have nothing to do with your current family and financial situation. It is also important to realize that you must be available and willing to accept a full-time work in order to qualify for unemployment insurance. This simple fact alone will mean that unemployment insurance cannot be considered welfare, social security, workers compensation or a form of disability assistance. You will also find that different states will have different laws in regards to unemployment insurance. However, the vast majority of states will require that you have earned a minimum amount of wages, or have been working for a minimum period of time. This will, obviously, vary from state to state. In order to confirm eligibility and resolve any other potential issues there will be a typical waiting time. However, in the majority of cases you will generally receive your first payment within four weeks.