Reemployment Trade Adjustment Assistance (RTAA)
Workers in firms with a significant number of workers who are at least age 50, without easily transferable skills, may choose to receive a wage subsidy which is a payment of 50 percent of the difference between pre-layoff wages and their reemployment wages. The maximum allowable over a two-year period is $12,000.
- The worker who applies for ATAA must be at least 50.
- The new employment must be full-time, and cannot pay over $55,000 per year.
- The worker may be eligible for training
- The worker is eligible for relocation allowances.
- If the worker has more than one job, the employment must meet the definition of full-time work as defined by state law.
- Proof of reemployment wages must be sent to the TAA central office every 30 days.
- Payments are made weekly, bi-weekly, or monthly.