612.378 - Maximum amount of extended benefit payable during year. [Effective until the date that federal sharing is no longer authorized pursuant to section 2005(a) of Public Law No. 111-5, or until J
612.378 Maximum amount of extended benefit payable during year. [Effective on the date that federal sharing is no longer authorized pursuant to section 2005(a) of Public Law No. 111-5, or on January 1, 2010, whichever is later.]
1. The total extended benefit amount payable to any eligible person for the person’s applicable benefit year is the lesser of the following amounts:
(a) Fifty percent of the basic benefits which were payable to him or her in the benefit year. If the amount computed is not a multiple of $1, it must be computed to the next lower multiple of $1.
(b) Thirteen times the person’s average weekly benefit amount which was payable to him or her under this chapter for a week of total unemployment in the applicable benefit year. If the amount computed is not a multiple of $1, it must be computed to the next lower multiple of $1.
2. If the benefit year of any person ends within an extended benefit period, the remaining balance of extended benefits that the person would, but for this subsection, be entitled to receive in that period, with respect to weeks of unemployment beginning after the end of the benefit year, must be reduced by the product of the number of weeks for which the person received any amounts as trade readjustment allowances pursuant to 19 U.S.C. § 2291 within that benefit year, multiplied by the weekly benefit amount of extended benefits, but the balance must not be reduced below zero.
(Added to NRS by 1971, 28; A 1973, 1361; 1983, 863; 1985, 163; 2009, 16, effective on the date that federal sharing is no longer authorized pursuant to section 2005(a) of Public Law No. 111-5, or on January 1, 2010, whichever is later)