Wednesday, June 6, 2012

Colorado Reclaiming Over Payed Jobless Benefits

Colorado has announced that it over payed as much as $128 million in unemployment in 2011.

The state is now seeking to reclaim every cent of that money.

While four percent of the money is due to fraudulent claims, ninety-six percent is purely from clerical errors.

Many of the people who were over payed, are still unemployed, and simply do not have the money.

For people that can not pay, the state is offering waivers, that allow for them to pay once they are employed.

Based on national rankings, Colorado is seventh in the nation for improper unemployment payments.

Across the US, there are nearly $5.1 billion in over payed unemployment.

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