The Joint Subcommittee Studying the Funding Requirements and the Administrative Needs of the Virginia Unemployment Compensation Act was established pursuant to Senate Joint Resolution No. 133 of 1977.

Conclusion

The Subcommittee, at the end of its first year in existence, offers recommendations that it feels will help insure the continued solvency of the Trust Fund and insure that unemployment benefits will be available to those individuals in the Commonwealth that are eligible to receive them. It looks forward to solving other problems related to the Fund during its second operating year.