Unless you have been under a rock, you'll have noticed that last week, the President signed the Unemployment Compensation Extension Act of 2010. In the past, similar bills also included an extension of the COBRA premium assistance program. That did not happen this time.
The Department of Labor has updated its COBRA webpage to clarify that the COBRA premium reduction under ARRA is not available for individuals who experience involuntary terminations after May 31, 2010.
No comments:
Post a Comment