Trade Readjustment Allowances (TRA) Law and Legal Definition
Trade Readjustment Allowances (TRA) is one of the benefits covered under Trade adjustment allowance programs. Trade Readjustment Allowance (TRA) is a special program created by the federal government to retrain workers who were either laid off or whose employment was moved to a different place.
Trade readjustment allowances are income support to persons who have exhausted unemployment compensation and whose jobs were affected by foreign imports. Those who qualify may be entitled to weekly TRA after their unemployment compensation gets exhausted. TRA is available to those workers who are adversely affected when an employer’s business has got a set back. The trade-impacted employer must be covered under a certification of group eligibility.
TRA benefits may be payable to the eligible if they are participating in, or have completed an approved training program. Workers may also be eligible for training, a job search allowance, a relocation allowance and other reemployment services.
There are two types of TRA ; basic TRA and additional TRA. Basic TRA usually lasts 26 weeks and is given to persons who are enrolled in or have completed Trade Adjustment Assistance (TAA)-approved training subsequent to a total or partial separation or been granted a written waiver of the training requirement. Additional TRA can be paid for 26 more weeks continuously and it is available to assist a worker completing an approved TAA training program.