Current through L. 2024, c. 185.
Section 1340 - Computation of benefits(a) Except as provided in subchapter 2 of this chapter, the maximum total amount of benefits payable to any eligible individual during any benefit year shall not exceed the lesser of 26 times his or her weekly benefit amount or 46 percent of the total wages paid to the individual during his or her base period.(b) An individual who is discharged by his or her last employing unit for misconduct connected with his or her work under subdivision 1344(a)(1)(A) of this title is limited to a maximum amount during the benefit year which is the lesser of the maximum amount determined under subsection (a) of this section or 23 times his or her weekly benefit amount, provided that the individual has not already received more than 23 weeks in his or her benefit year.Amended 1959, No. 51, § 2; 1959, No. 107, § 2, eff. 4/10/1959; 1959, No. 329 (Adj. Sess.), § 22, eff. 3/1/1961; 1961, No. 210, § 15, eff. 7/11/1961; 1963, No. 84, § 5; 1971, No. 1, § 1, eff. 10/11/1970; 2009 , No. 156 (Adj. Sess.), E. § 401.3, eff. 6/3/2010; 2009 , No. 124 (Adj. Sess.) , § 5, eff. 7/1/2011.