Arkansas § 11-10-502 - Weekly benefit amount.
Full text of Arkansas Arkansas Code of 1987 Annotated § 11-10-502 — Weekly benefit amount., with citation guidance and answers to common questions.
§ 11-10-502. Weekly benefit amount.
For initial claims filed on or after the first day of the calendar quarter following July 22, 2015, an insured worker's weekly benefit amount shall be an amount equal to one-twenty-sixth (1/26) of his or her average wages for insured work paid during the four (4) quarters of his or her base period. A weekly benefit amount shall not be less than twelve percent (12%) of the state average weekly wage for insured employment for the preceding calendar year for benefit years beginning after June 30, 1987. However, effective July 1, 2012, the weekly minimum benefit amount established in subdivision (b)(1) of this section shall not be greater than eighty-one dollars ($81.00). A weekly benefit amount shall not be greater than sixty-six and two-thirds percent (662/3%) of the state average weekly wage for insured employment for the previous calendar year for benefit years beginning after June 30, 1985. However, effective July 1, 2012, the weekly maximum benefit amount established in subdivision (c)(1) of this section shall not be greater than four hundred fifty-one dollars ($451). Weekly benefit amounts that are not in even multiples of one dollar ($1.00) shall be rounded to the next lower full dollar amount. On June 1 of each year, the Director of the Division of Workforce Services shall determine the average weekly wage for insured employment for the preceding calendar year in the following manner: The sum of the total monthly employment reported for the calendar year shall be divided by twelve (12) to determine the average monthly employment; The sum of the total wages reported for the previous calendar year shall be divided by the average monthly employment to determine the average annual wage; and The average annual wage shall be divided by fifty-two (52) to determine the average weekly wage for insured employment.
Frequently Asked Questions About Arkansas § 11-10-502
What does Arkansas Code of 1987 Annotated § 11-10-502 cover?
Section 11-10-502 ("Weekly benefit amount.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 11-10-502?
A common citation format is "Arkansas Code of 1987 Annotated § 11-10-502" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 11-10-502 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.