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Covid relief bill offers 11 weeks of extra unemployment benefits, $300 boost and a supplement for some gig workers

Covid relief bill offers 11 weeks of extra unemployment benefits, $300 boost and a supplement for some gig workers

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Covid relief bill offers 11 weeks of extra unemployment benefits, $300 boost and a supplement for some gig workers

Ting Shen/Bloomberg via Getty ImagesUnemployed workers would get an extra 11 weeks of jobless benefits and a $300 weekly enhancement to aid payments as part of a Covid relief deal Congress reached Sunday.Certain self-employed and gig workers would also get an extra $100 a week, according to a document summarizing the legislation.The 11-week timeline is less than the amount offered by a bipartisan package released earlier this month. That bill would have paid extended and enhanced benefits for 16 weeks, to mid-April.In all, the $900 billion compromise package, the result of frenzied negotiations ahead of a year-end benefits cliff for millions of workers, offers $120 billion in additional unemployment benefits.There are more than 20 million Americans collecting unemployment benefits, according to the Labor Department.$300 weekly enhancementPUA and PEUC extendedThe legislation would also extend two programs created by the CARES Act: Pandemic Unemployment Assistance, which pays benefits to self-employed, gig, freelance and part-time workers generally ineligible for state unemployment insurance; and Pandemic Emergency Unemployment Compensation, which pays extra weeks of benefits to individuals who exhausted their state benefits.$100 boost for the self-employedSome self-employed, gig and other workers who have both wage (i.e., W-2) and self-employment (i.e., 1099) income will also be eligible for an additional $100 a week.Many such individuals are receiving unemployment benefits at a low level because of how their benefits have been calculated. States base their benefit level solely on wages reported on their annual W-2 tax forms, without accounting for self-employment income, which may be much higher.The bill also offers direct economic relief for individuals via stimulus checks of $600 for individuals making up to $75,000 a year, $1,200 for couples making up to $150,000, and an extra $600 for dependent children.


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