(820 ILCS 405/402) (from Ch. 48, par. 402)
Sec. 402.
Reduced weekly benefits.
Each eligible individual who is unemployed
in any week, as defined in
Section 239, shall be paid, with respect to such week, a benefit in an
amount equal to his weekly benefit amount (plus dependents' allowances)
less that part of wages (if
any) payable to him with respect to such week which is in excess of 50%
of his weekly benefit amount,
provided that such benefit for any benefit week shall be reduced by:
(1) the amount
of any holiday pay which the individual is entitled to receive, and receives,
for any workday in such week, and (2) the amount of any vacation wages
allocated to such week by the individual's employer pursuant to Section
610 of this Act, and (3)
one-fifth of the weekly
benefit amount for each normal workday during which such individual is
unable to work or unavailable for work, and provided, further, that this
subsection shall not be construed so as to effect any change in the
status of part-time workers as defined in Section 407. Such benefit, if
not a multiple of $1, shall be computed to the next higher multiple of
$1.
(Source: P.A. 82-22.)
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