- unemployment insurance
- A form of social security, under state statutes complementary to the Federal Social Security Act, which provides for the payment of benefits to unemployed persons, subject to terms and conditions. 48 Am J1st Soc Sec § 10. Compulsory, state-imposed insurance, carried at the expense of employers, or employers and employees jointly, by which the financial burden of unemployment is transferred from the taxpayers generally to the industry in which unemployment exists or to industry as a whole. Insurance against loss arising from unemployment, voluntarily procured by an employee at his own expense from an insurer carrying such risks. 29 Am J Rev ed Ins § 17. A subsistence allowance paid by the United States to a veteran attending school, under the provisions of the Servicemen's Readjustment Act, is within the provision of a previously enacted state statute disqualifying, for unemployment benefits, anyone receiving "unemployment allowances or compensation granted by the United States ... to ex-servicemen." Hannan v Administrator, Unemployment Compensation Act, 137 Conn 240, 75 A2d 483, 21 ALR2d 1068. Before an individual may be deemed "unemployed" for any week, within the meaning of the unemployment compensation statute, two things must exist: (1) he must perform no service during the week and (2) he must be paid no wages for the week. Ackerson v Western Union Tel. Co. 234 Minn 271, 48 NW2d 338, 25 ALR2d 1063. See railroad unemployment insurance act.
Ballentine's law dictionary. Anderson, W.S.. 1998.