Beginning July 3rd, the maximum weekly benefit for unemployment claimants and injured workers will change following a statutorily required annual review by Iowa Workforce Development.
The maximum weekly benefit for unemployed Iowans will increase to $676 in Fiscal Year 2023, up from $651 in FY 2022. The workers’ compensation maximum weekly benefit for temporary total disability, healing period, permanent total disability, and death will increase to $2,081.00. For permanent partial disability, the weekly maximum will be $1,915.00.
The annual unemployment review also includes a recalculation of Iowa’s taxable wage base. For CY 2023, the taxable wage base will increase to $36,100, up from $34,800 in CY 2022.
For more information, view the full announcement here.