Policy Matters Testifies on Unemployment Compensation and Social Security, April 2007
April 24, 2007
Ohio is now the only one of the 50 states that reduces unemployment insurance by 100 percent of Social Security payments received by jobless workers. Thus, many older workers find when they lose their jobs that their unemployment insurance is reduced or cut to zero. Ohio Senate Bill 116, introduced by Sen. Joy Padgett, would eliminate this Social Security “offset,” as it is called. Policy Matters Research Director Zach Schiller testified in support of the bill at an April 24 hearing of the Senate Finance and Financial Institutions Committee.