




Social Security Explained, 2010 Edition ![]()
Provides a comprehensive and detailed explanation for the federal old-age, survivor's and disability insurance segments of the Social Security program.
Vermont has amended its Unemployment Compensation Law as follows:
Taxable wage base. The law now provides that for the period January 1, 2010, through December 31, 2010, the term “wages” will not include that part of remuneration over $10,000 which was paid during the calendar year.
Weekly benefit amounts. For the 12-month period from July 1, 2009, through June 30, 2010, the maximum weekly benefit amount is $425. Under prior law, the maximum benefit amount was $351.
Trust fund. A committee to study the reform of the unemployment trust fund has been created. The committee will consist of 12 members, including members of the House Ways and Means and Commerce and Economic Development Committees as well as members of the Senate Economic Development, Housing, and General Affairs and Finance Committees. The committee will study all issues affecting the solvency of the fund and develop recommendations for reforms to ensure long-term solvency, including negative balance, seasonal and reimbursable employers, the taxable wage base and rates applied to the base, benefit levels and any other relevant issues.