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Investor Presentaiton

UI Trust Fund How it Works, cont. • UI Programs Operated by the States ⚫ States determine UI Eligibility, Benefit Levels, and Duration of Benefits - "Weekly Benefit Amount": 1/26th of the individual's total wages for work paid during the quarter of the base period in which the total wages were highest" (UCA 35A-4-401(2)) - "Base Period" the first four of the last five completed calendar quarters of work performed (UCA 35A-4-201(1)) - Alternative Base Period The last four completed -- quarters. This begins in January 2011 and is for individuals who have insufficient earnings in the regular base period.

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