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Social Security Explained, 2008 Edition

Provides a comprehensive and detailed explanation for the federal old-age, survivor's and disability insurance segments of the Social Security program.

CCH® UNEMPLOYMENT INSURANCE — 3/24/08

Maryland amends its UI law on taxable wages, weekly benefit amount

Maryland has amended its Unemployment Insurance Law as follows:

Duty to pay contributions. The definition of “taxable wages” has been clarified so that the term includes the first $8,500 that are paid by: An employing unit that has moved to another state where the employee was continuously employed immediately before and after the transfer of the business; a reorganized employer where the employee was continuously employed immediately before and after the reorganization and if the contribution of the reorganized employer is based on its experience with payrolls and benefit charges before the reorganization; and an employing unit or predecessor employer or combination of both if the payrolls and benefit charges of the predecessor are transferred to the successor.

Weekly benefit amount. Effective October 1, 2007, the maximum weekly benefit amount is $380, with high quarter wages of $9,096.01 and minimum qualifying wages of $13,680.00.

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