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Texas Labor Code

§ 215.042 — SHARED WORK BENEFITS FORMULA

LA § 215.042Title 4. EMPLOYMENT SERVICES AND UNEMPLOYMENT · Part A. TEXAS UNEMPLOYMENT COMPENSATION ACT · Ch. 215. SHARED WORK UNEMPLOYMENT COMPENSATION PROGRAM · Art. C. SHARED WORK BENEFITS

Statute text

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(a)The commission shall pay an individual who is eligible for shared work benefits a weekly shared work benefit in an amount equal to the individual's regular weekly benefit amount for a period of total unemployment multiplied by the nearest full percentage of reduction of the individual's wages under the employer's shared work plan.
(b)The commission shall round to the next highest dollar a shared work benefit that is not a multiple of one dollar.

Legislative history

Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.