Personal Reemployment Accounts: Results from Bonus Experiments (CRS Report for Congress)
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| Release Date |
Revised Jan. 17, 2006 |
| Report Number |
RL31825 |
| Report Type |
Report |
| Authors |
Linda Levine and Ann Lordeman, Domestic Social Policy Division |
| Source Agency |
Congressional Research Service |
| Older Revisions |
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Summary:
As part of its economic stimulus package, the Bush Administration has proposed Personal Reemployment Accounts. These are intended not only to speed reemployment into stable jobs through provision of a cash bonus to Unemployment Insurance claimants, but also to give the targeted individuals an opportunity to choose the type of services and the source of services they think will be most useful to them in their pursuit of new jobs. This report begins by briefly summarizing the relevant provisions contained inlegislation pending before the 109th Congress. It then compares the common designelements of the state bonus experiments with the design of the currently proposedbonus demonstration. The report closes with a review of the results of selected statebonus experiments.
