What Is Uaw Sub Pay?

Under a new supplemental unemployment benefits (SUB) program, the trust fund would be dispersed to laid off workers in the amount of $25 for up to 26 weeks. When the SUB payments were added to state unemployment compensation disbursements, it translated into approximately 65 percent of a worker's regular take-home pay.

What is sub pay?

A Supplemental Unemployment Benefits (SUB) plan is an employer-sponsored benefit that provides severance pay to employees who involuntarily lose their jobs such as through layoff, reduction in force, or plant closing. ... If his or her state unemployment benefits are $250 per week, the SUB plan pays the remaining $250.

What are SUB payments paid by your employer?

SUB-Pay Plans are designed to allow employers to assist employees following involuntary terminations of employment by supplementing employees' receipt of state unemployment compensation.

Elena Rostova

Elena Rostova

Lead Health, Wellness & Medical Journalist

Elena Rostova holds a Master's degree in Public Health Journalism. She covers groundbreaking medical research, holistic wellness trends, mental health awareness, and nutritional science.