It’s the end of the year, and many layoffs have occurred.
The period of receiving unemployment insurance benefits depends on the cumulative number of years of unemployment insurance premiums paid before unemployment. Specifically:
- If the accumulated unemployment insurance premiums have been paid for more than 1 year but less than 2 years, the period for receiving unemployment insurance benefits is 2 months.
- For every additional year of accumulated unemployment insurance premium payment period, the period will be increased by 2 months.
- If the accumulated contributions are more than five years but less than ten years before unemployment, the maximum period for receiving unemployment insurance benefits is eighteen months.
- If you have paid contributions for more than ten years before losing your job, the maximum period for receiving unemployment insurance benefits is twenty-four months.
Therefore, the maximum single payment period is 24 months, not just 24 months in a lifetime.