§ 607. Benefits. 1. Amount. An eligible claimant shall be paid
benefits for any week equal to his or her benefit rate multiplied by the
percentage of reduction of his or her wages resulting from reduced hours
of work, but only if such percentage is no less than twenty percent. The
weekly benefit amount shall be rounded off to the nearest dollar. A
claimant shall not be paid such benefits in excess of twenty-six times
the amount of regular compensation (including dependents' allowances)
payable to such individual for a week of total unemployment during a
benefit year.

2. Waiting period. A claimant shall not be entitled to benefits for
the first week of unemployment under a shared work program unless he or
she has served a waiting period in his or her benefit year pursuant to
subdivision seven of section five hundred ninety of this article.