Sen. Chuck Edwards (R-Henderson) has been appointed to serve on the Joint Legislative Oversight Committee on Unemployment Insurance.
This committee studies and reviews all unemployment insurance matters, including state unemployment insurance laws, administration of those laws and any need for clarification, technical amendments, repeal or other change to make the laws concise, intelligible and easy to administer.
“I am honored that my interest and work to grow our state’s workforce has been noticed by the citizens of my district, and the Senate’s leadership. Ensuring the health of North Carolina’s Unemployment Fund Reserves in order to withstand any future economic downtown is of paramount importance to the survival of our businesses,” Edwards said in a news release.
“We can’t allow this fund to be raided as the governor is proposing, nor can we repeat the mistakes made just a few years ago that left the fund $2.86 billion in debt. From this new post, I can help ensure those mistakes are not repeated.”
The committee is directed to study and review all unemployment insurance matters, workforce development programs and re-employment assistance efforts of the state.
The committee’s duties and powers include the following:
--Study the unemployment insurance laws of North Carolina and the administration of those laws.
--Review the state’s unemployment insurance laws to determine which laws need clarification, technical amendment, repeal, or other change to make the laws concise, intelligible and easy to administer.
--Monitor the payment of the debt owed by the Unemployment Trust Fund to the federal government.
--Review and determine the adequacy of the balances in the Unemployment Trust Fund and the Unemployment Insurance Reserve Fund.
--Study the workforce development programs and reemployment assistance efforts of the Division of Workforce Solutions of the Department of Commerce.
--Call upon the Department of Commerce to cooperate with it in the study of the unemployment insurance laws and the workforce development efforts of the state.
