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Politics : View from the Center and Left
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To: cnyndwllr who wrote (50982)2/29/2008 1:02:43 PM
From: Lane3  Read Replies (1) of 542655
 
It is, as you suggest, paid out of a big pool.

Then what does this mean?

1026. (a) The director shall maintain a separate reserve account
for each employer, and shall credit each reserve account with all the
contributions paid on his or her behalf.
(b) Unemployment compensation benefits paid to an unemployed
individual during any benefit year shall be charged against the
reserve account of his or her employer during his or her base period.

law.justia.com
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