What Can We Expect Under Personal Reemployment Accounts? Predictions and Procedures

Authored by Paul T. Decker and Irma L. Perez-Johnson. This Mathematica Policy Research, Inc. report discusses the effects and impacts of Personal Reemployment Accounts (PRAs). PRAs provide additional assistance and incentives to unemployed workers who are likely to exhaust their unemployment insurance by offering maximum flexibility in seeking the services that will best help them prepare for and find a new job. Drawing on a variety of research sources, the authors address the likely impacts of the reemployment bonus feature on recipients, ways States and local areas could set the amount and decide on who is allowed to participate, and procedures to manage and monitor the accounts.