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IL SB2887

IL SB2887
UNEMPLOYMENT-BENEFIT FORMULA


summary

Introduced
01/16/2026
In Committee
01/16/2026
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Unemployment Insurance Act. Provides that the Department of Employment Security shall make payments to beneficiaries under the Act based on the State's average unemployment rate. Effective January 1, 2027.

AI Summary

This bill, effective January 1, 2027, amends the Unemployment Insurance Act to establish a new formula for determining the duration of unemployment benefits based on the State's average unemployment rate, which will be calculated and published by the Department of Employment Security on its website. Specifically, beneficiaries will receive 12 weeks of benefits if the State's average unemployment rate is below 5%, with an additional week added for every 0.5% increase above 5%, up to a maximum of 23 weeks if the rate reaches or exceeds 10.5%. This new formula will apply to individuals who start receiving benefits on or after the bill's effective date, and the Department is required to adopt rules to implement these changes, with this new section taking precedence over any conflicting provisions in the existing Act.

Sponsors (1)

Last Action

Referred to Assignments (on 01/16/2026)

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