- President Obama echoes Elizabeth Warren
- Age Discrimination Harder To Fight Amid Record Unemployment For Older Workers
- Economists Call For Massive Debt Relief To Jumpstart Economy
- Marty Kaplan: Occupy K Street
- Zvi Or-Bach: How to Create American Jobs
- #OccupyWallStreet Protests Spark Optimism At Progressive Political Conference
- Ben Bernanke: Congress Should Not Sharply Cut Spending In Weak Economy
- Executive Pay Spiraling Upward As Corporations Race To Pay Their Top Brass The Most
- Elizabeth Warren: 'The People On Wall Street Broke This Country'
- Joel Libava: Franchise Ownership: Should Unemployed Boomers Start Looking Into It?
- Michele Nash-Hoff: Why is There a Lack of Skilled Workers With Such High Unemployment?
- Jason Alderman: The 411 on Prepaid Cards
July 7, 2010 Fired after May 31 this year? You won't qualify for the signficant COBRA subsidy provided by the American Recovery and Reinvestment Act (ARRA) even though you are probably eligible for COBRA due to the inaction of congress, allowing the COBRA Premium subsidy to sunset. Americans who qualified on or before May 31, 2010 may continue to pay reduced premiums for up to 15 months, as long as they are not eligible for another group health plan or Medicare.
Unless the sunset date is extended by Congress, individuals who lose their jobs after May 31, 2010 will not be eligible for the subsidy. According to a statement released today by the Department of Labor.
Through the subsidy, eligible individuals pay only 35 percent of their COBRA premiums and the remaining 65 percent is reimbursed to the coverage provider through a tax credit.
Minimum Wage
Workers in BMW's auto plants in Germany make twice as much as US workers in BMW plants who make $15 an hour. Oh and by the way German workers get 35 days of vacation AND decent healthcare.
The tea party want to abolish the minimum wage. Did YOU VOTE?
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