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Unemployment Benefits Compensation
Max Weekly Benefit Amt.
Max Weeks of Benefits
Max Benefit Amount
Unemployment benefits compensation is the money you will receive during your benefit period. This amount will vary, depending on a number of variables. Typically, this will include how much you earned in the two highest earning quarters of your base period and how long you will be earning benefits.
Most states calculate this rate based on a simple mathematical formula, but Virginia requires using a chart. The best way to gauge your benefits is to simply apply, but if you want a basic idea of what to expect, the following information can help you calculate your expected benefit amount.
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Calculating Virginia Unemployment Benefit Amounts
Determine Your Weekly Benefit Amount
Calculating your Weekly Benefit Amount (WBA) in Virginia requires accessing this easy-to-use chart. You simply need to match how much you made in the highest two quarters with how long you anticipate receiving benefits (from 12-26 weeks) to gauge your benefits. The current WBA maximum is $378.
Determine Your Maximum Benefit Amount
Multiply your Weekly Benefit Amount by 26 (the maximum number of weeks) to calculate the maximum amount of money you can earn in unemployment.
EXAMPLE: $300 x 26 = $7,800. The most anyone can make from unemployment in Virginia is $9,878. Please note that your maximum amount will change if you receive benefits for fewer than 26 weeks.