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Current as of March 28, 2024 | Updated by Findlaw Staff
(a)(1) For initial claims filed on or after January 1, 2018, the maximum potential benefits of an insured worker in a benefit year shall be the amount equal to the lesser of:
(A) Sixteen (16) times his or her weekly benefit amount; or
(B) One-third (1/3) of his or her wages for insured work in his or her base period.
(2) For initial claims filed on or after January 1, 2024, the maximum potential benefits of an insured worker in a benefit year shall be the amount equal to the lesser of:
(A) Twelve (12) times his or her weekly benefit amount; or
(B) One-third (1/3) of his or her wages for insured work in his or her base period.
(b) If the total amount of benefits is not a multiple of his or her weekly benefit amount, it shall be computed to the next higher multiple of his or her weekly benefit amount.
Cite this article: FindLaw.com - Arkansas Code Title 11. Labor and Industrial Relations § 11-10-504. Maximum benefits--Computation - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-11-labor-and-industrial-relations/ar-code-sect-11-10-504/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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