Trade Act Oregon

8/14/2019 Trade Act Oregon

1/36

The Trade ActProgram

A general overview

Please contact your local TAARepresentative for the details!


2/36

What is the Trade Act? A national program based on

Federal law

Available to trade affected workersanywhere in the United States


3/36

What does Trade Act

include?Two Major Components

TAA - Trade AdjustmentAssistance

TRA - Trade ReadjustmentAllowance


4/36

Trade Adjustment

Assistance (TAA) Reemployment Services

TrainingJob Search

Relocation


5/36

Trade Readjustment

Allowance (TRA)

Additional UnemploymentBenefits


6/36

TAA BenefitsBased on

Availability of Federal Funds

Renewal of Trade Act Law

Individual Eligibility


7/36

Reemployment ServicesJob Search Assistance

Job Match

Job Openings

Career Information

Labor Market Conditions

Veterans Services


8/36

Accessing Reemployment

Services www.workinginoregon.org

Employment Department Offices

One Stop Centers

Touchscreen Kiosks Statewide
http://www.workinginoregon.org/http://www.workinginoregon.org/


9/36

TAA Training Remedial Training

Classroom Training

Employer Based Training On the Job Training

Customized Training


10/36

TAA Training provides: Costs that are required for all

students in the same training

program:Tuition/Fees Books

SuppliesTools Lodging, meals, mileage if out of area


11/36

Funding for IndividualTraining Plans

Up to $12,000 for all training

related costs(excludes per diem or

mileage)


12/36

Training Plan Rules One training plan

104 week limit for occupational training

130 week limit if remedial training isrequired

Full Time

Advance approval 30 day prior approval limit


13/36

Training Plan Approval

Criteria No suitable work available

Must be job ready after training

Reasonable expectation of employmentTraining available, local priority

Qualified to undertake & complete

Able to support yourself

Must be suitable & at a reasonable cost


14/36

Job Search Allowance No suitable work available

Apply & be approved in advance

$1250 maximum

Time limits: 365 days from certification or layoff

date

182 days after training completed


15/36

Relocation Allowance No suitable work available

Apply & be approved in advance

$1250 Lump Sum

Verifiable job offer

Time limits: 425 days from certification or layoff date

182 days after training completed


16/36

Trade Readjustment

Allowances (TRA) 3 types of TRA

Strict deadlines

Must meet eligibility requirements

Based on individual


17/36

TRA Requirements

Be covered by a certification Have a qualifying lay off of at least 7

consecutive days Worked for affected employer

At least 26 of last 52 weeks Earned at least $30 in each of those weeks

Be entitled to & exhausted all regular andextended unemployment benefits


18/36

TRA Deadlines

To collect any TRA, must be accepted bytraining facility & approved or be on a

waiver of training by: Last day of 16th week after the week of most

recent qualifying layoff

OR

Last day of 8

th

week after the week ofcertification

45 day extension from either deadline forjustifiable cause, for training only


19/36

Waiver of Training for TRA

If unable to meet deadlines for

being approved & enrolled intraining, you must contact your TAArepresentative and request a

Waiver of Training to preserve yourTRA potential!!


20/36

TRA Benefit Amount

TRA Weekly Benefit Amount (WBA)is based on the first claim you filed

after the impact date.This first claim is your parent

claim.


21/36

TRA

Three Pots of Money possibleTRA Basic

TRA AdditionalTRA Remedial


22/36

TRA Basic

26 times your TRA weekly benefitamount (minus federally funded

extensions) 104 week time limit from most recent

qualifying layoff

3 ways to collect: In approved training

Completed training & looking for work Waiver of Training


23/36

TRA Additional

Apply for training within 210 days ofmost recent qualifying layoff orcertification date, whichever is later

52 week eligibility period starting afteryour last week of TRA Basic or end of

TRA 104 week eligibility period

If training starts later, 52 week eligibilityperiod starts with 1st week of training. Must be in approved TAA Training


24/36

TRA Remedial

Have exhausted all other benefits 26 week eligibility period starting after

your last week of TRA Additional or end

of 52 week eligibility period If 210 day deadline not met for TRA

Additional, the 26 week period startsafter last week of TRA Basic or end of

104 week eligibility period One week of TRA remedial for one weekof remedial classes


25/36

Maximum Potential of TRA

104 Total Weeks of TRA Possible 26 weeks of Basic TRA

52 weeks of Additional TRA 26 weeks of Remedial TRA

Based on individual eligibility


26/36

TRA Reminders

Cannot be paid for breaks over 30days

Must file a new UI claim if youbecome eligible

May be reduced by earnings or

deductible incomeTaxable as income

Taxes can be withheld


27/36

Health Coverage TaxCredit (HCTC)

A Federal tax credit of 65%on a qualified health plan

managed by the Internal RevenueService (IRS)


28/36

Who is Eligible for HCTC?

Recipients of any type of TRA

Claiming UI or extension and

otherwise would be eligible for TRA Recipients of ATAA

If eligible for any day of the month,would qualify for entire month


29/36

Qualified Health Plans

COBRA continuation coverage

Spousal coverage plan (no advance

payment, year end only) Individual (non-group) health

coverage that began 30 days before

layoff State Qualified Coverage (not

available in Oregon at this time)


30/36

Two ways to claim HCTC

Advance payments on monthlybasis to pay for health plan

premiums. IRS mails packet ofinformation to set this up.

Claim HCTC at end of year when

federal tax return is filed. IRSmails form 8885 directly to you.


31/36

How do I apply?

If you are eligible, your name & addresswill be submitted to the IRS.

The list is updated & sent nightly to IRS. IRS mails packet with forms to you tocomplete and return to the IRS.

The IRS will determine if you can claim

the tax credit and notify you by mail.


32/36

For more HCTCInformation

Call the IRS Customer Contact Center at866-628-HCTC (866-628-4282)

Go to the IRS Website at WWW.IRS.gov Call your local TAA Representative for

questions about your eligibility to be onthe list that is sent to the IRS
http://www.irs.gov/http://www.irs.gov/


33/36

Adjustment Assistance(ATAA)

Worker group determined eligibleby DOL

Option for Older Trade AffectedWorkers who want to go to worknot to school

Provides a wage subsidy to bridgethe salary gap between old job andnew one


34/36

ATAA Requirements

50 years old at time of reemployment.

Job must be full time, 40 hours/week.

Obtain new job within 26 weeks of lay off fromTrade Affected employer.

Not expected to earn over $50,000 per year

Cannot return to previous job


35/36

Its Your Choice

ATAA Wage Subsidy of

up to $10,000during 2 years ofeligibility

HCTC

RelocationAllowance

TAA Training

HCTC Job Search

Allowance

RelocationAllowance


36/36

Any Questions?

Keep in mind thispresentation is a general

overview of a complexprogram!

Call the expert,

your local TAARepresentative,

for the details and answers to

Documents

Trade Act Oregon