Minnesota officials to decide next week on program for extra $300 in unemployment benefits - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
August 22, 2020 Newswires
Share
Share
Post
Email

Minnesota officials to decide next week on program for extra $300 in unemployment benefits

Star Tribune (Minneapolis, MN)

Minnesota state officials are still evaluating a new federal program that would give out-of-work Minnesotans an extra $300 in weekly unemployment benefits, but they have indicated they plan to apply to be part of it.

Several states including Iowa, New Mexico and Missouri have already received approval from the Federal Emergency Management Agency (FEMA) to disburse the additional payments -- and at least one state, Arizona, already began distributing the funds to its residents this week.

But it may take a few more weeks for some states to get the program up and running as they adjust their systems and technology to meet the requirements.

Rita Beatty, a spokeswoman for the Minnesota Department of Employment and Economic Development (DEED), said the agency is reviewing the Lost Wages Assistance program and considering steps for program implementation.

“We expect to have a decision next week,” she said in an e-mail.

States have until Sept. 10 to apply for the program.

President Donald Trump signed an executive order on Aug. 8 authorizing the enhanced payments as a partial replacement for the $600-a-week that unemployed workers received through July under the CARES Act. Those additional funds had been helping to boost consumer spending and kept many workers above water as rent and other bills have come due.

Democrats and Republicans have been unable to agree on a new coronavirus aid package to extend the additional benefits.

About 350,000 Minnesotans continue to make unemployment claims every week. The state’s unemployment rate fell to 7.7% last month, but job growth has slowed with the state having recovered only about a third of the jobs its lost since the start of the pandemic.

Last week, DEED Commissioner Steve Grove sent a letter to U.S. Secretary of Labor Eugene Scalia and FEMA Administrator Peter Gaynor saying the state intended to apply, but wanted to ask a few questions before signing up.

Specifically, he asked if the state can be certain the payments will be reimbursed once a request is made and if FEMA will be setting aside a share of the disaster relief funds for Minnesota. He also asked if the funds will be released on a first-come, first-serve basis and how long it will take from when funds are requested to when they are made available.

“Upon clarifying and favorable receipt of responses to our inquiries, you can expect Minnesota’s submission for the Lost Wage Assistance program,” he wrote.

The questions from Minnesota officials highlight the fact that it’s unclear how long the funds will last. States that apply and are accepted are initially guaranteed to get three weeks of payments. But after that, disbursements will be made on a weekly basis until the $44 billion fund runs out or until the program is slated to end December 27. But according to some estimates it could run out within six weeks.

States can select a $300 or $400 a week payment option. Most states are expected to choose the $300 option since they would have to pay the additional $100 at a time when many states are already facing shrinking budgets due to the pandemic.

In his letter, Grove noted that more than 900,000 Minnesotans, a record number, applied for unemployment benefits since mid-March.

“As you are aware, when the federal $600 ‘top up’ benefit ran out in late July, that loss of income hurt the hundreds of thousands of Minnesotans who remained out of work,” he wrote. “Without those additional federal benefits, families are struggling to pay for basic necessities and our food banks are challenged to meet the demand. That is why we are taking the new federal Lost Wages Assistance program very seriously.”

While some other states are also still trying to better understand the guidelines in how to administer the new program before applying, South Dakota is among the handful of states that are sitting it out entirely. Gov. Kristi Noem said the state doesn’t need it because its recovery is going well.

Under the lost wages program, workers have to be receiving at least $100 in state unemployment benefits a week in order to qualify for the additional payments and have to have lost work because of the COVID-19 pandemic.

Kavita Kumar • 612-673-4113

___

(c)2020 the Star Tribune (Minneapolis)

Visit the Star Tribune (Minneapolis) at www.startribune.com

Distributed by Tribune Content Agency, LLC.

Older

Idaho edges closer to adding $300 to unemployment pay. Here's what Gov. Little says

Advisor News

  • How student loan debt impacts 401(k) balances
  • The ‘sandwich generation’ faces compounded barriers to retirement savings
  • Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
  • Why client insurance needs could change even if their life doesn’t
  • Most Gen Z investors think less than a year ahead when making financial decisions
More Advisor News

Annuity News

  • Oklahoma Insurance Dept. helps Oklahomans recover unclaimed life insurance benefits
  • Bitcoin gains ground in retirement market with Equitable annuity option
  • Best’s Special Report: First-Half 2026 Net Income in U.S. Life/Annuity Insurance Industry Dips Slightly
  • The next phase of life insurance investing
  • Ty J. Young Wealth Management Acquires Senior Insurance Services, Expanding Its Growing Annuity Firm: Ty J. Young Wealth Management
More Annuity News

Health/Employee Benefits News

  • PA Health Insurance Rates Poised To Rise Again As Regulators Claim Limited Power For Increases
  • New Economics Study Findings Have Been Reported by Researchers at Massachusetts Institute of Technology (How You Pay Drives What You Choose: Mental Accounting In Health Insurance Plan Choice): Economics
  • Nearly 1 in 5 Medicaid-eligible adults in expansion states are at risk of losing health coverage due to insufficient or inconsistent work hours: Boston University School of Public Health
  • How Lahn and Sand see future for Medicaid
  • NEW CENSUS DATA UNDERSCORE IMPORTANCE OF FOOD ASSISTANCE AND HEALTH COVERAGE ACCESS
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Oklahoma Insurance Dept. helps Oklahomans recover unclaimed life insurance benefits
  • DE-RESERVIFICATION, NOT DE-DOLLARIZATION
  • Better Business Bureau scam alert: Beware of life insurance impostors targeting older adults
  • Enterprise Life Marks 25 Years With Pledge to Drive Innovation
  • The next phase of life insurance investing
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.