Reemployment Trade Adjustment Assistance (RTAA)
Workers in firms with a significant number of workers who are at least age 50, without easily transferable skills, may choose to receive a wage subsidy which is a payment of 50 percent of the difference between pre-layoff wages and their reemployment wages. The maximum allowable over a two-year period is $12,000.
The worker who applies for ATAA must be at least 50.
The new employment must be full-time, and cannot pay over $55,000 per year.
The worker may be eligible for training
The worker is eligible for HCTC.
The worker is eligible for relocation allowances.
If the worker has more than one job, the employment must meet the definition of full-time work as defined by state law.
Proof of reemployment wages must be sent to the TAA central office every 30 days.
Payments are made weekly, bi-weekly, or monthly.
|
