Yes and no. It's kind of convoluted but I'll try to explain it in English.
1) You start with how much money you earned in your Base Period. If you go to the following VA website: http://www.vec.virginia.gov/vecportal/un.
and input the date of your termination, it will give you your base Period. You'll find that if you were to lose your job through no fault of your own right now, your BP would be from July 2009 through June 2010 (the first 12 months of the most recent 15 months).
2) Then you have to figure out how much you earned during the highest 2 quarters of those 12 months. For simplicity's sake, let's say you worked 40 hours a week at $10 an hour and never had a raise/bonus/overtime during your entire BP. The highest 2 quarters would be:
$10 x 26 weeks (2 quarters of the year) = $10,400. During the entire BP you would have earned $20,800.
3) Then you would go to their benefit table at: http://www.vec.virginia.gov/vecportal/un.
Go to page 11 of the table and look about halfway down the page.
The first column shows the earnings in the highest 2 quarters - the $10,400 figure above. The second column shows your weekly benefit -- $204.
Now go across the table until you find the total amount you earned in the entire BP -- in this case, $20,800. In this situation, it's the last column. So you would get $204 per week for 26 weeks.
And now you know why most people just file a claim for benefits and take whatever the unemployment departments tells them they're eligible for.
CarolO · 5 years ago