Money Monday: Changes to unemployment benefits - WAFB 9 News Baton Rouge, Louisiana News, Weather, Sports

Money Monday: Changes to unemployment benefits

(Source: WAFB) (Source: WAFB)
(Source: WAFB) (Source: WAFB)
BATON ROUGE, LA (WAFB) -

Starting Tuesday, October 27, Louisiana residents who receive unemployment benefits by debit card will have to change their form of payment online to direct deposit banking. Otherwise, the Louisiana Workforce Commission said the benefits will be delivered as a paper check through the U.S. Postal Service. 

"At some point in the future, we may restore that debit card option if we can be assured of the security and security is the reason JPMorgan Chase is getting out of that business," said Curt Eysink, Executive Director of the Louisiana Workforce Commission. 

JPMorgan Chase, who has provided the debit card service, is now doing away with it. If claimants choose the paper option for their benefits, instead of direct deposit, Eysink said they can expect possible delays by several days. 

"Their absolute best option is to choose direct deposit for their benefit payments," Eysink said. "We put it directly into their bank account. It’s the most secure means of doing it. It’s fastest and it's as secure as their bank." 

Eysink said any remaining money on the debit cards can be used, but no new money will be put on them as of Tuesday. 

Recipients can change their payment information by visiting www.laworks.net

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