Do You Draw a Percentage of Your Salary for Unemployment in Virginia?
Virginia, like other states, uses your previously earned wages to determine the amount of your weekly unemployment benefits. When you collect unemployment benefits in Virginia, you are not collecting a set percentage of past wages. Instead, only wages covering a set period of time are evaluated.
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Base Period
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In Virginia, as in other states, the amount you earned in your base period is used to determine your weekly benefit amount. The base period is made up of four calendar quarters. Use a calendar to identify the last completed quarter. Count back to determine the five quarters that have been completed most recently. Of those, the first four are your base period in Virginia.
Weekly Benefit Determination
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You do not collect a percentage of your salary for unemployment benefits. Instead, your weekly benefit amount is based on the two quarters of your base period that have the highest earnings. If you have an idea of your wages earned during the base period, you can come up with your approximate weekly benefit amount. Use the benefit table on the Virginia Employment Commission website to match your highest earning quarters and see the weekly benefit payment.
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Maximum and Minimum Benefits
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Regardless of how little or how much you earned during the base period, Virginia has minimum and maximum weekly benefit amounts. At the time of publication, $54 is the minimum weekly benefit amount. For high earners, the maximum weekly benefit amount is $378 per week. To qualify for the maximum you need to earn at least $18,900.01 in two quarters during the base period. The duration of your benefit in Virginia can be from 12 to 26 weeks, depending on your base period earnings.
Monetary Determination
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When you receive your monetary determination from the Virginia unemployment office, it will list the jobs you held during the base period and the amount you earned at each job. This is the pretax earnings amount. Mistakes can be made, so you should look over the wages listed to make sure the proper amounts and employers are listed. If you see an error, you can submit paycheck stubs and W-2 forms to have the information corrected.
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