2019 MAXIMUM WEEKLY BENEFIT AMOUNT (MWBA) AND TAXABLE WAGE BASE (TWB)

The Maximum Weekly Benefit Amount (MWBA) in the Virgin Islands for benefit year beginning January 1, 2019 is $552.00 and the Taxable Wage Base (TWB) for employer contributions is $26,500.00.

In accordance to Title 24 Chapter 12, Section 303 (c) of the Virgin Islands Unemployment Insurance Act, the Maximum Weekly Benefit Amount shall be an amount equal to sixty five (65) percent of the established average weekly wage in insured work rounded to the next lower dollar. The established average weekly wage based on employment and wage statistics from our Bureau of Labor Statistics is $849.14.

In accordance to Title 24, Chapter 12, ection 308 (c) of the Virgin Islands Unemployment Insurance Act, the Taxable Wage Base is sixty (60) percent of the average annual wage in insured work rounded to the nearest one hundred dollars. The established average annual wage based on employment and wage statistics from our Bureau of Labor Statistics is $44,155.27.