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Can you receive unemployment benefits and Social Security benefits at the same time in Illinois?
Wiki User
∙ 13y ago
Yes, but unfortunately, Illinois and Louisiana are the only states that have not changed the law that deducts money from unemployment payments to people who also receive social security
Here's the formula in Illinois -- multiply your monthly social security payment by 12 (months). Divide that amount by 52 (weeks). Divide that amount in half and that's the amount that will be deducted from your weekly unemployment payment. If you have a dependent, usually a spouse, the amount might be a little different. But not by much.
Realize the unemployment benefits are reduced, not the Social Security benefits. Your Social Security benefits will continue at the expected rate.
Example:
$1,200 monthly social security payment x 12 months = $14,400
$14,400 / 52 weeks = $279.92 / 2 = $139.96
eligible for $385 weekly unemployment payment - $139.96 = $245.04 is your weekly unemployment payment
This unfair law can only be repealed by the State Legislature. Illinois AARP has made it a priority. To help or for more information, please contact Ryan Gruenenfelder at Illinois AARPFor more information, see Sources and Related Links and the Related Question Link, below.
Wiki User
∙ 13y ago
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How does Social Security payments effect the unemployment amounts?
They don't affect each other. Florida repealed its statutes allowing unemployment compensation to be offset (reduced) by Social Security benefits. If you qualify for both unemployment and Social Security, you will receive your full check under each program.
If you receiving social security and are fired can you receive unemployment benefits?
If you are already receiving social security and are fired can you receive unemployment benefits?
Can you receive benefits from unemployment if you are already on Social Security?
Yes.
Are unemployment benefits added to Social Security benefits when you retire?
No. You cannot receive unemployment benefits and retire also. To receive them you must be actively seeking full time employment
How many weeks of employment do you need to receive unemployment benefits in Illinois?
four weeks
If you receive ie 255 a week unemployment insurance will that amount be reduced because you receive Social Security benefits?
No, Social Security benefits will not reduce unemployment compensation. They are 2 different programs and do not affect each other.
I was just lay off, not reason was given. It was a parttime job. I do receive social security. If I file for unemployment, what will happen to my social security?
In most states, California included, you can receive unemployment benefits while still receiving your full Social Security benefits.
Can you get unemployment and apply for Social Security for a child?
Your being unemployed does not qualify the child to receive Social Security benefits.
Can you collect both unemployment benefits and Social Security in Louisiana?
I believe this answer is slightly incorrect -- "Yes, you can. Under "Non monetary Issues" > "Disqualifications" item (f) on page 5 of the Related Link below, Social Security benefits are excluded from the disqualifying chargeable benefits you receive." As I understand it, people who live in Louisiana and Illinois and receive social security payments and are eligible for unemployment benefits will have money deducted from their unemployment checks. In illinois, half a person's weekly social security payment is deducted from that person's weekly unemployment check. Illinois AARP has made repealing the social security offset law a priority.
Can you collect Social Security retirement benefits and unemployment benefits at the same time in North Carolina without a reduction of unemployment benefits?
Yes. Although you must report any earnings you receive while getting unemployment benefits, the Related Link below says you do not have to report the Social Security benefits, meaning it does not affect your unemployment.
May i receive ssi and unemployment in New York state?
Ireceive a small social security and ssi amount. If i will receive unemployment benefits will if affect my ssi?
Does your unemployment cease when you become eligible for Social Security benefits?
Disability payments are Social Security Payments. When a person reaches full retirement age (66), the payments continue as normal, but are no longer considered disability payments. A person does not receive two payments.
