Legislation
SECTION 525
Partial benefit credit
Labor (LAB) CHAPTER 31, ARTICLE 18, TITLE 2
* § 525. Partial benefit credit. "Partial benefit credit" means that
part of the compensation, if any, paid to a claimant with respect to a
week for which benefits are claimed under the provisions of this law
which is not in excess of fifty per centum of the individual's weekly
benefit rate, or one hundred dollars, whichever is the greater. Such
partial benefit credit, if not a multiple of one dollar, shall be
computed to the next higher multiple of one dollar.
* NB Effective on the first Monday after October 1, 2024 or 30 days
after the commissioner of labor certifies that the department of labor
has an information technology system capable of accommodating the
amendments in chapter 277 of 2021, whichever occurs earlier (see chapter
56 of 2024 Pt.Z-§1 for further provisions)
part of the compensation, if any, paid to a claimant with respect to a
week for which benefits are claimed under the provisions of this law
which is not in excess of fifty per centum of the individual's weekly
benefit rate, or one hundred dollars, whichever is the greater. Such
partial benefit credit, if not a multiple of one dollar, shall be
computed to the next higher multiple of one dollar.
* NB Effective on the first Monday after October 1, 2024 or 30 days
after the commissioner of labor certifies that the department of labor
has an information technology system capable of accommodating the
amendments in chapter 277 of 2021, whichever occurs earlier (see chapter
56 of 2024 Pt.Z-§1 for further provisions)