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Unemployment Insurance : Millions in Benefits Overpaid to Military Reservists by U. S. Government Accountability Office ( (2013, Trade Paperback)

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Pursuant to a congressional request, GAO determined the amount of unemployment insurance (UI) paid to military reservists, focusing on: (1) why UI claimants do not report reserve income; (2) the administrative and legislative options available to prevent future trust fund losses; and (3) how these options will affect reservists retention rates. GAO found that: (1) active UI claimants did not report more than $7 million in reserve income for fiscal year 1994; (2) the average amount of nonreported income varied from $273 to $959 per claimant, and resulted in UI benefit overpayments of $3.6 million; (3) most UI benefit overpayments went to Army Reserve personnel; (4) federal trust fund losses from the Unemployment Compensation for Ex-Servicemen Program totalled $1.2 million; (5) the UI system paid over $25 billion in benefits and received over $26 billion in state and federal unemployment tax revenues; (6) the integrity of the UI system is adversely affected by improperly paid benefits; (7) these overpayments hinder the UI systems ability to provide unemployment benefits, contribute to high state employer payroll taxes and federal outlays, and lower claimants benefit levels; (8) UI claimants do not report their reserve income because they do not understand the reporting requirements, receive improper information regarding their reporting responsibilities, and have incentives not to report reserve income; (9) claimants are rarely penalized for not reporting their reserve income; (10) states can withhold a portion of a reservists future benefits until applicable overpayments are repaid; (11) it is difficult to verify reservists benefit levels without online access to federal wage data; and (12) nonreporting of reserve wage income will not affect the militarys retention rates.

Product Identifiers

Publisher
Creative Media Partners, LLC
ISBN-10
1287170250
ISBN-13
9781287170259
eBay Product ID (ePID)
166385006

Product Key Features

Book Title
Unemployment Insurance : Millions in Benefits Overpaid to Military Reservists
Author
U. S. Government Accountability Office
Format
Trade Paperback
Language
English
Topic
General
Publication Year
2013
Genre
Political Science
Number of Pages
44 Pages

Dimensions

Item Length
9.7in
Item Height
0.1in
Item Width
7.4in
Item Weight
3.5 Oz

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Unemployment Insurance : Millions in Benefits Overpaid to Military Reservists by U. S. Government Accountability Office ( (2013, Trade Paperback)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Best Selling in Books

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