Okla. Stat. tit. 40, § 40-2-106
This is the official text of Okla. Stat. tit. 40, § 40-2-106, part of Oklahoma’s Stat. tit. 40, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 40,." Browse the sections below, each linked to its official government source.
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Maximum benefit amount
Official statutory text
MAXIMUM BENEFIT AMOUNT.
Oklahoma Statutes - Title 40. Labor Page 51
On January 1, 2023, an otherwise eligible individual shall be
entitled during any benefit year to a total amount of benefits equal
to whichever is the lesser of:
1. a. If prior to January 1, 2023, twenty-six (26) times the
weekly benefit amount of the individual,
b. If between January 1, 2023, and January 1, 2025,
sixteen (16) times the weekly benefit amount of the
individual, or
c. If after January 1, 2025, between sixteen (16) and
twenty (20) times the weekly benefit amount dependent
upon the state's average unemployment insurance claims
pursuant to Section 3 of this act;
2. The applicable percentage of the state's average annual wage
for the second preceding calendar year as determined by the Oklahoma
Employment Security Commission, rounded to the nearest multiple of
One Hundred Dollars ($100.00). The applicable percentage is
determined by the conditional factor in place during the calendar
year in which the individual files for benefits. The conditional
factor is determined pursuant to the provisions of Section 3-113 of
this title. The applicable percentages for this paragraph are as
follows:
a. twenty-five percent (25%) during any calendar year in
which the balance in the Unemployment Compensation
Fund is in excess of the amount required to initiate
conditional contribution rates, pursuant to the
provisions of Section 3-113 of this title,
b. twenty-three and three-fourths percent (23.75%) during
calendar years in which condition "a" exists,
c. twenty-two and one-half percent (22.5%) during
calendar years in which condition "b" exists,
d. twenty-one and one-fourth percent (21.25%) during
calendar years in which condition "c" exists, and
e. twenty percent (20%) during calendar years in which
condition "d" exists; or
3. The applicable percentage of the individual's wages for
insured work paid during the base period of the individual. The
applicable percentage is determined by the conditional factor in
place during the calendar year in which the individual files for
benefits. The conditional factor is determined pursuant to the
provisions of Section 3-113 of this title. The applicable
percentages for this paragraph are as follows:
a. fifty percent (50%) during any calendar year in which
the balance in the Unemployment Compensation Fund is
in excess of the amount required to initiate
conditional contribution rates, pursuant to the
provisions of Section 3-113 of this title,
Oklahoma Statutes - Title 40. Labor Page 52
b. forty-seven and one-half percent (47.5%) during
calendar years in which condition "a" exists,
c. forty-five percent (45%) during calendar years in
which condition "b" exists,
d. forty-two and one-half percent (42.5%) during calendar
years in which condition "c" exists, and
e. forty percent (40%) during calendar years in which
condition "d" exists.
Oklahoma Statutes - Title 40. Labor Page 51
On January 1, 2023, an otherwise eligible individual shall be
entitled during any benefit year to a total amount of benefits equal
to whichever is the lesser of:
1. a. If prior to January 1, 2023, twenty-six (26) times the
weekly benefit amount of the individual,
b. If between January 1, 2023, and January 1, 2025,
sixteen (16) times the weekly benefit amount of the
individual, or
c. If after January 1, 2025, between sixteen (16) and
twenty (20) times the weekly benefit amount dependent
upon the state's average unemployment insurance claims
pursuant to Section 3 of this act;
2. The applicable percentage of the state's average annual wage
for the second preceding calendar year as determined by the Oklahoma
Employment Security Commission, rounded to the nearest multiple of
One Hundred Dollars ($100.00). The applicable percentage is
determined by the conditional factor in place during the calendar
year in which the individual files for benefits. The conditional
factor is determined pursuant to the provisions of Section 3-113 of
this title. The applicable percentages for this paragraph are as
follows:
a. twenty-five percent (25%) during any calendar year in
which the balance in the Unemployment Compensation
Fund is in excess of the amount required to initiate
conditional contribution rates, pursuant to the
provisions of Section 3-113 of this title,
b. twenty-three and three-fourths percent (23.75%) during
calendar years in which condition "a" exists,
c. twenty-two and one-half percent (22.5%) during
calendar years in which condition "b" exists,
d. twenty-one and one-fourth percent (21.25%) during
calendar years in which condition "c" exists, and
e. twenty percent (20%) during calendar years in which
condition "d" exists; or
3. The applicable percentage of the individual's wages for
insured work paid during the base period of the individual. The
applicable percentage is determined by the conditional factor in
place during the calendar year in which the individual files for
benefits. The conditional factor is determined pursuant to the
provisions of Section 3-113 of this title. The applicable
percentages for this paragraph are as follows:
a. fifty percent (50%) during any calendar year in which
the balance in the Unemployment Compensation Fund is
in excess of the amount required to initiate
conditional contribution rates, pursuant to the
provisions of Section 3-113 of this title,
Oklahoma Statutes - Title 40. Labor Page 52
b. forty-seven and one-half percent (47.5%) during
calendar years in which condition "a" exists,
c. forty-five percent (45%) during calendar years in
which condition "b" exists,
d. forty-two and one-half percent (42.5%) during calendar
years in which condition "c" exists, and
e. forty percent (40%) during calendar years in which
condition "d" exists.
Status: in_force · Read it on the official government site
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