§ 2-106. Maximum benefit amount
Oklahoma Statutes AnnotatedTitle 40. LaborEffective: January 1, 2023
Effective: January 1, 2023
40 Okl.St.Ann. § 2-106
§ 2-106. Maximum benefit amount
MAXIMUM BENEFIT AMOUNT.
On January 1, 2023, an otherwise eligible individual shall be entitled during any benefit year to a total amount of benefits equal to whichever is the lesser of:
c. If after January 1, 2025, between sixteen (16) and twenty (20) times the weekly benefit amount dependent upon the state's average unemployment insurance claims pursuant to Section 3 of this act;1
2. The applicable percentage of the state's average annual wage for the second preceding calendar year as determined by the Oklahoma Employment Security Commission, rounded to the nearest multiple of One Hundred Dollars ($100.00). The applicable percentage is determined by the conditional factor in place during the calendar year in which the individual files for benefits. The conditional factor is determined pursuant to the provisions of Section 3-113 of this title. The applicable percentages for this paragraph are as follows:
3. The applicable percentage of the individual's wages for insured work paid during the base period of the individual. The applicable percentage is determined by the conditional factor in place during the calendar year in which the individual files for benefits. The conditional factor is determined pursuant to the provisions of Section 3-113 of this title. The applicable percentages for this paragraph are as follows:
Credits
Laws 1980, c. 323, § 2-106, eff. July 1, 1980; Laws 1983, c. 270, § 5, emerg. eff. June 23, 1983; Laws 1986, c. 205, § 2, emerg. eff. June 6, 1986; Laws 1998, c. 161, § 6, eff. July 1, 1998; Laws 2022, c. 287, § 2, eff. Jan. 1, 2023.
Footnotes
Title 40, § 1-230.
40 Okl. St. Ann. § 2-106, OK ST T. 40 § 2-106
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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