Trade Adjustment Assistance Reform Act of 2002: Summary
Changed Features of Trade Adjustment Assistance Program
Includes among eligible workers those directly affected by increased imports or certain shifts of production to other countries.
Provides that eligible workers also include secondarily affected workers of an upstream supplier or downstream producer to a certified primary firm.
Specifies that petitions are filed with the U.S. Department of Labor and the Governor.
Specifies petitions trigger immediate provision of rapid response and basic adjustment services available under the Workforce Investment Act (WIA), facilitating coordinated planning and more rapid reemployment.
Reduces by one-third (from 60 to 40 days) the time period in which the Secretary must review a petition, so that workers receive benefits and services sooner.
Requires enrollment in training by 16 weeks after separation or 8 weeks after certification, but allows extension of the enrollment period under extenuating circumstances.
Establishes six criteria for waivers of enrollment in training to receive income support.
Establishes a training cap of $220 million per year for program participants.
Strengthens on-the-job training and authorizes training customized to a specific employer's needs.
Allows 26 additional weeks of income support for workers participating in training - the maximum TAA income support period increases from 52 to 78 weeks, which, together with 26 weeks of UI, could result in a maximum of 104 weeks of income support.
Allows workers whose training includes remedial education an additional 26 weeks of income support - for a maximum of 130 weeks.
Increases caps on one-time payments for job search and relocation from $800 to $1,250.
Increases break-in training requirement from 14 days to 30 days.
Added Major Features to the program
Provides for an Alternative TAA Program for impacted workers 50 years and older. Some workers in firms with a significant number of workers over age 50 without easily transferable skills that find reemployment may choose (in lieu of other TAA benefits) to receive 50% of the difference between their new salary and old salary for two years, up to a maximum of $10,000 and also may receive health care assistance.
Health insurance benefits are available to 3 groups - 1) TAA participants eligible to receive income support; 2) Those eligible participants in the Alternative TAA Program; 3) PBGC recipients.
Health care benefits include: 65% advanceable and refundable tax credit which can be used for health insurance coverage such as COBRA; state COBRA; continuing individual market coverage and certain other state pooling options.
Health care funding available through the Department of Health and Human Services to assist states in creating and operating high risk pools.
Health care funding available to states through Labor Department to administer the health insurance provisions of the Act and to assist workers in purchasing health insurance coverage.
Creates a TAA program for farmers to be run by the Agriculture Department.
This summary is intended to be a general description of a U.S. Department of Labor program. It is intended as a general description only and does not carry the force of law or regulation.