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Can unemployment benefits and severance from an employer be collected at the same time in NY state?
Wiki User
∙ 16y ago
I did. I received lump sum severance and collected unemployment in NYC. Of course, the regular one week waiting period for unemployment still goes so make sure to apply immediately. Actually, if you think about it, a lump sum payment is really part of your compensation package, so as long you don't keep receiving a paycheck after that, then why shouldn't you be entitled to unemployment like everyone else? I imagine it would be different if you cotinue to receive a paycheck every week for a specified amount of time after you were let go though...
Wiki User
∙ 16y ago
Wiki User
∙ 12y agoPA - in 2005, employees could receive both a severance package and collect unemployment compensation benefits. Now an employee would still have the ability to apply for benefits once the severance package is exhausted, but not at the same time.
As each state handles severance pay/unemployment differently you need to check with your own state's employment security office for clarification. Some states allow the total severance with no affect on benefits others reduce weekly amounts, etc. Missouri, for example says severance has no affect (see the Related Link below for this example).
Wiki User
∙ 14y agoI would have thought not, I do not know where your state is but in the UK, if you are claiming for disability (ie you are to disabled to work) then you would not be able to claim for unemployment as well.
Wiki User
∙ 9y agoYou can collect unemployment benefits if you have been receiving a severance as well. You can only collect benefits for a certain period of time.
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What if your employer instructs laid off employees not to file for unemployment?
You have the right to file for unemployment, but if you receive a severance package from your employer you may be violating the terms of your severance package by filing for unemployment.
Can you receive nys unemployment if you receive a severance package?
Generally you will be disqualified for the amount of time that you receive severance. For example, if your weekly benefits are $400 a week and you earned $1200 severance, then you will be disqualified for a month.
Can you get severance and unemployment benefits?
My wife is over 65....she collects Social Security, and is about to be offered a severance package as her current employer is downsizing. Is she still entitled to collect unemployment benefits, and can she go on medicaire ?
Can you collect unemployment benefits in Kentucky if you receive a severance payment?
If you take a continuous pay severance, unemployment would start when that ends, if you take a lump sum severance from your employer you can stare unemployment benefits a week after your job ends.
Can you collect unemployment insurance after you are released from jail?
In most cases you cannot collect unemployment after maternity leave. If your maternity leave is over, your doctor has determined that you can go back to work. Unemployment is intended for those who are laid off from work.
How do you become entitled to severance pay?
No one is ever entitled to severance pay. Severance pay is either a listed benefit from the employer or not. It is the employer's decision to give severance, however, severance should be written into the first contract the employee signs if it is a benefit. It is important to ask possible new employers about severance before signing a contract. Depending on how important that back-up is to you, you can go forth with the company or not. This article goes into more detail on severance pay and other aspects such as its relation to obtaining unemployment benefits.
Do you receive severance pay if you are fired?
Only if it was listened in the original benefits package by the employer. No employer has to give out severance unless they specifically stated that they would when you were hired. This is something to keep in mind when looking for new jobs. It can only be negotiated at the start, so if you want that protection you will need to be proactive about it. The attached link talks more about specifics as well as the the ways in which severance and unemployment aid can intertwine.
Can an employer deny unemployment benefits if an employee is out due to medical reasons in Rhode Island?
An employer can't deny unemployment benefits; only your state's unemployment office and approve or deny unemployment benefits. It's up you state to determine if you are eligible to receive benefits.
How long must an employer pay unemployment benefits in Illlinois for a terminated eemployee?
The employer does not pay unemployment benefits. The employer pays unemployment insurance premiums to the State of lllinois. When the employee is terminated, the employee applies for unemployment benefits with the State of Illinois. The state determines if the employee is eligible for benefits and, if the employee is awarded benefits, those benefits are paid and monitored by the State of Illinois.
Who is the payer for unemployment?
The employer pays the state through payroll taxes (or directly) and the benefits to the claimant is income taxable.
Can employer stop unemployment benefits once started?
Tha state controls unemployment, not employers.
Does unemployment benefits come from a state fund or directly from an employer?
They come from the state. Your employer pays unemployment taxes to the state and the federal governments.
