President Obama update Unemployment to 52wks max per every 5yrs contributed to Social Security 99ers
This petition had 19 supporters
After working all of your life consecutively ( ex: right out of high school non-stop 25yrs) never used any unemployment benefits, contributed to Social Security and then the company (ex: bailed out Banks) you work for has mass layoffs due to the economy. Right now many people mostly baby boomers are out of work or underemployed and companies are not hiring them and these workers have not reach retirement age, and are between the age of 45-64. If the government updates unemployment to 52weeks (1yr) max for every 5yrs contributed into Social Security, that would give greater help to the economy because it would give the unemployed/underemployed/self employed99er workers who currently only received 99wks or less, 1yr per every 5yrs worked (ex: total 5yrs of unemployment for 25yrs, balance due 3yrs and 5wks, if already received 99 wks). The 1yr per 5yr max can be spreaded out over yrs and obtain from "a reserves bucket" when the struggle occurs due to being unemployed/underemployed/self employed99er, but the total max yrs would be 8yrs base on 40yrs of work. This would create a "FURLOUGH" effect when the economy becomes bad every so often. Please make this "Retroactive" if not receiving any social security.
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