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The Trade ActProgram
A general overview
Please contact your local TAARepresentative for the details!
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What is the Trade Act? A national program based on
Federal law
Available to trade affected workersanywhere in the United States
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What does Trade Act
include?Two Major Components
TAA - Trade AdjustmentAssistance
TRA - Trade ReadjustmentAllowance
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Trade Adjustment
Assistance (TAA) Reemployment Services
TrainingJob Search
Relocation
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Trade Readjustment
Allowance (TRA)
Additional UnemploymentBenefits
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TAA BenefitsBased on
Availability of Federal Funds
Renewal of Trade Act Law
Individual Eligibility
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Reemployment ServicesJob Search Assistance
Job Match
Job Openings
Career Information
Labor Market Conditions
Veterans Services
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Accessing Reemployment
Services www.workinginoregon.org
Employment Department Offices
One Stop Centers
Touchscreen Kiosks Statewide
http://www.workinginoregon.org/http://www.workinginoregon.org/8/14/2019 Trade Act Oregon
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TAA Training Remedial Training
Classroom Training
Employer Based Training On the Job Training
Customized Training
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TAA Training provides: Costs that are required for all
students in the same training
program:Tuition/Fees Books
SuppliesTools Lodging, meals, mileage if out of area
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Funding for IndividualTraining Plans
Up to $12,000 for all training
related costs(excludes per diem or
mileage)
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Training Plan Rules One training plan
104 week limit for occupational training
130 week limit if remedial training isrequired
Full Time
Advance approval 30 day prior approval limit
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Training Plan Approval
Criteria No suitable work available
Must be job ready after training
Reasonable expectation of employmentTraining available, local priority
Qualified to undertake & complete
Able to support yourself
Must be suitable & at a reasonable cost
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Job Search Allowance No suitable work available
Apply & be approved in advance
$1250 maximum
Time limits: 365 days from certification or layoff
date
182 days after training completed
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Relocation Allowance No suitable work available
Apply & be approved in advance
$1250 Lump Sum
Verifiable job offer
Time limits: 425 days from certification or layoff date
182 days after training completed
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Trade Readjustment
Allowances (TRA) 3 types of TRA
Strict deadlines
Must meet eligibility requirements
Based on individual
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TRA Requirements
Be covered by a certification Have a qualifying lay off of at least 7
consecutive days Worked for affected employer
At least 26 of last 52 weeks Earned at least $30 in each of those weeks
Be entitled to & exhausted all regular andextended unemployment benefits
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TRA Deadlines
To collect any TRA, must be accepted bytraining facility & approved or be on a
waiver of training by: Last day of 16th week after the week of most
recent qualifying layoff
OR
Last day of 8
th
week after the week ofcertification
45 day extension from either deadline forjustifiable cause, for training only
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Waiver of Training for TRA
If unable to meet deadlines for
being approved & enrolled intraining, you must contact your TAArepresentative and request a
Waiver of Training to preserve yourTRA potential!!
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TRA Benefit Amount
TRA Weekly Benefit Amount (WBA)is based on the first claim you filed
after the impact date.This first claim is your parent
claim.
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TRA
Three Pots of Money possibleTRA Basic
TRA AdditionalTRA Remedial
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TRA Basic
26 times your TRA weekly benefitamount (minus federally funded
extensions) 104 week time limit from most recent
qualifying layoff
3 ways to collect: In approved training
Completed training & looking for work Waiver of Training
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TRA Additional
Apply for training within 210 days ofmost recent qualifying layoff orcertification date, whichever is later
52 week eligibility period starting afteryour last week of TRA Basic or end of
TRA 104 week eligibility period
If training starts later, 52 week eligibilityperiod starts with 1st week of training. Must be in approved TAA Training
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TRA Remedial
Have exhausted all other benefits 26 week eligibility period starting after
your last week of TRA Additional or end
of 52 week eligibility period If 210 day deadline not met for TRA
Additional, the 26 week period startsafter last week of TRA Basic or end of
104 week eligibility period One week of TRA remedial for one weekof remedial classes
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Maximum Potential of TRA
104 Total Weeks of TRA Possible 26 weeks of Basic TRA
52 weeks of Additional TRA 26 weeks of Remedial TRA
Based on individual eligibility
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TRA Reminders
Cannot be paid for breaks over 30days
Must file a new UI claim if youbecome eligible
May be reduced by earnings or
deductible incomeTaxable as income
Taxes can be withheld
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Health Coverage TaxCredit (HCTC)
A Federal tax credit of 65%on a qualified health plan
managed by the Internal RevenueService (IRS)
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Who is Eligible for HCTC?
Recipients of any type of TRA
Claiming UI or extension and
otherwise would be eligible for TRA Recipients of ATAA
If eligible for any day of the month,would qualify for entire month
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Qualified Health Plans
COBRA continuation coverage
Spousal coverage plan (no advance
payment, year end only) Individual (non-group) health
coverage that began 30 days before
layoff State Qualified Coverage (not
available in Oregon at this time)
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Two ways to claim HCTC
Advance payments on monthlybasis to pay for health plan
premiums. IRS mails packet ofinformation to set this up.
Claim HCTC at end of year when
federal tax return is filed. IRSmails form 8885 directly to you.
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How do I apply?
If you are eligible, your name & addresswill be submitted to the IRS.
The list is updated & sent nightly to IRS. IRS mails packet with forms to you tocomplete and return to the IRS.
The IRS will determine if you can claim
the tax credit and notify you by mail.
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For more HCTCInformation
Call the IRS Customer Contact Center at866-628-HCTC (866-628-4282)
Go to the IRS Website at WWW.IRS.gov Call your local TAA Representative for
questions about your eligibility to be onthe list that is sent to the IRS
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Adjustment Assistance(ATAA)
Worker group determined eligibleby DOL
Option for Older Trade AffectedWorkers who want to go to worknot to school
Provides a wage subsidy to bridgethe salary gap between old job andnew one
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ATAA Requirements
50 years old at time of reemployment.
Job must be full time, 40 hours/week.
Obtain new job within 26 weeks of lay off fromTrade Affected employer.
Not expected to earn over $50,000 per year
Cannot return to previous job
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Its Your Choice
ATAA Wage Subsidy of
up to $10,000during 2 years ofeligibility
HCTC
RelocationAllowance
TAA Training
HCTC Job Search
Allowance
RelocationAllowance
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Any Questions?
Keep in mind thispresentation is a general
overview of a complexprogram!
Call the expert,
your local TAARepresentative,
for the details and answers to
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