60.2-607 - Maximum total benefit amounts. - Virginia Statutes

§ 60.2-607. Maximum total benefit amounts.

The maximum total amount of benefits payable to any individual during anybenefit year shall be determined from the "Benefit Table" shown in §60.2-602 but shall not exceed twenty-six times such individual's weeklybenefit amount, except when benefits are paid pursuant to the provisions of §60.2-610 or § 60.2-611. Such determination shall be based only upon wagespaid for insured work during such individual's base period. The Commissionshall maintain a separate account for each individual who is paid wages forinsured work. After the expiration of each calendar quarter the Commissionshall credit each individual's account with the wages paid to him for insuredwork in such calendar quarter.

(Code 1950, § 60-45.2; 1956, c. 440; 1960, c. 136; 1962, c. 12; 1964, c. 3;1968, c. 738, § 60.1-51; 1971, Ex. Sess., c. 235; 1986, c. 480.)