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As a part of the department's re-organization, two commissions were formed in the department, the Workers’ Disability Compensation Appeals Commission and the Unemployment Insurance Appeals Commission. The Michigan Strategic Fund's board was restructured. The formerly defunct State Lake Bank Fast Track Authority was re-formed. [6]
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
As many as 1.83 million claimants were approved for some form of unemployment insurance benefits and received them but were later told they weren't eligible amid evolving guidance on eligibility ...
If you've recently lost your job in Michigan, you may be eligible for Michigan Unemployment Insurance benefits. This is a guide to filing your claim for Michigan unemployment benefits. Since each ...
The Federal Unemployment Tax Act (or FUTA, I.R.C. ch. 23) is a United States federal law that imposes a federal employer tax used to help fund state workforce agencies. Employers report this tax by filing Internal Revenue Service Form 940 annually.
The saga of a group of Michigan residents falsely accused of unemployment insurance fraud nearly a decade ago has finally come to a close. Four claimants seeking damages against the contractors ...
Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by governmental bodies to unemployed people. Depending on the country and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time ...
On January 17, 2013, Governor Rick Snyder ordered that the Office of Financial and Insurance Regulation (OFIR) be transfer out of the Michigan Department of Licensing and Regulatory Affairs to form a new principal department, the Michigan Department of Insurance and Financial Services, effective March 19, 2013. [3]