This bill amends the Unemployment Compensation Law of Pennsylvania, specifically focusing on the rate and amount of compensation provided to unemployed individuals. Key changes include the adjustment of the trigger percentage date from July 1, 2025, to July 1, 2027, and the recalibration of the "highest quarterly wages" definition for determining compensation. For calendar years 2028 and beyond, the calculation of "highest quarterly wages" will be based on the average of total wages paid during the highest and second-highest quarters of the base year, with specific conditions outlined for the calculation process.

Additionally, the bill stipulates that if the trigger percentage is at least 250% on July 1, 2028, or any subsequent year, the determination of "highest quarterly wages" will revert to the original provisions of subsection (b) rather than the modified method introduced in this bill. The amendment also ensures that the weekly benefit rate does not exceed 63% of the employee's total base year wages under certain conditions. The act is set to take effect immediately upon passage.