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If you get Severance, can you get Unemploment?

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Sandra
LIF Adult

Member since 5/05

1185 total posts

Name:
Sandra

If you get Severance, can you get Unemploment?

If you get Severance from work, can you get Unemployment as well?

Posted 2/16/17 5:21 PM
 
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Bridex100
Two Under Two Mommy

Member since 3/08

10420 total posts

Name:
Momx100

Re: If you get Severance, can you get Unemploment?

I have laid people off with severance. I believe you can get unemployment one week after your last payment. I had one employee ask that her severance be paid earlier so that her unemployment could get paid sooner.

Posted 2/16/17 5:36 PM
 

ElizaRags35
My 2 Girls

Member since 2/09

20494 total posts

Name:
Me

If you get Severance, can you get Unemploment?

Yes but you won't actually get paid until the severance ends. DH had to provide unemployment with the papers detailing his severance and he had to claim every week as if he were getting paid.

Posted 2/16/17 5:56 PM
 

alli3131
Peanut is here!!!!!!

Member since 5/09

18388 total posts

Name:
Allison

If you get Severance, can you get Unemploment?

I got severance in one lump sum so I was able to claim right away.

Posted 2/16/17 5:59 PM
 

KarenK122
The Journey is the Destination

Member since 5/05

4431 total posts

Name:
Karen

If you get Severance, can you get Unemploment?

Oh no Sandra : (. Make sure you are getting all you deserve. They need to pay you for 2 months on top of your severance or give you two months notice of the layoff and if you have stock options in the hopper, negotiate to get some of those. Unemployment starts after severance is paid. Also make sure how long they are paying your benefits for and contributing to COBRA.

Posted 2/16/17 6:07 PM
 

muffaboo
LIF Adult

Member since 12/10

3797 total posts

Name:

Re: If you get Severance, can you get Unemploment?

Posted by alli3131

I got severance in one lump sum so I was able to claim right away.


My DH got 5 months severance in a lump sum. He was not able to collect until one week after the 5 months was up.

Posted 2/16/17 7:24 PM
 

ChilisWife
God Bless America

Member since 5/05

3572 total posts

Name:
A.K.

Re: If you get Severance, can you get Unemploment?

You will not be paid unemployment until after your severance runs out. NYS will ask you when you file. They do not let you double dip - even if you get paid out in a lump sum. If someone did receive severance and immediate unemployment, then the severance payment was not reported properly to NYS (by either you or the employer).

Posted 2/16/17 7:55 PM
 

NervousNell
Just another chapter in life..

Member since 11/09

54921 total posts

Name:
..being a mommy and being a wife!

Re: If you get Severance, can you get Unemploment?

Posted by alli3131

I got severance in one lump sum so I was able to claim right away.



Same .
I remember specifically that i didn't have to wait .
I got 3 months pay. I collected unemployment for 1 month and then got a job.
If i had had to wait for the 3 months severance to run out I wouldn't have collected any unemployment (because I found a job sooner than 3 months) and I know for a fact that I did.
This was 10 years ago...maybe things have changed

Message edited 2/16/2017 8:24:53 PM.

Posted 2/16/17 8:21 PM
 

WannaBeAMom11
LIF Adult

Member since 1/11

7391 total posts

Name:
Name

Re: If you get Severance, can you get Unemploment?

Posted by NervousNell

Posted by alli3131

I got severance in one lump sum so I was able to claim right away.



Same .
I remember specifically that i didn't have to wait .
I got 3 months pay. I collected unemployment for 1 month and then got a job.
If i had had to wait for the 3 months severance to run out I wouldn't have collected any unemployment (because I found a job sooner than 3 months) and I know for a fact that I did.
This was 10 years ago...maybe things have changed



Yes, this changed. I got lump chunk severAnce in sept. I had to wait till it ran out to start unemployment. They ask all kinds of details about your severance and if you received a letter from the company detailing severance payment they ask you to mail that in. There is a one week wait period which is the first week you file and you get aid every week for the 26 weeks that you certify.

I'm collecting unemployment now. You must record three different job searches 3x a week and keep track of it. You will also have meetings with unemployment that you must attend.

Let me know if you have any questions.

Posted 2/16/17 8:33 PM
 

clotheshorse
LIF Adult

Member since 5/12

1293 total posts

Name:

Re: If you get Severance, can you get Unemploment?

Posted by WannaBeAMom11

Posted by NervousNell

Posted by alli3131

I got severance in one lump sum so I was able to claim right away.



Same .
I remember specifically that i didn't have to wait .
I got 3 months pay. I collected unemployment for 1 month and then got a job.
If i had had to wait for the 3 months severance to run out I wouldn't have collected any unemployment (because I found a job sooner than 3 months) and I know for a fact that I did.
This was 10 years ago...maybe things have changed



Yes, this changed. I got lump chunk severAnce in sept. I had to wait till it ran out to start unemployment. They ask all kinds of details about your severance and if you received a letter from the company detailing severance payment they ask you to mail that in. There is a one week wait period which is the first week you file and you get aid every week for the 26 weeks that you certify.

I'm collecting unemployment now. You must record three different job searches 3x a week and keep track of it. You will also have meetings with unemployment that you must attend.

Let me know if you have any questions.



This exactly. Upon filing, it was questioned by unemployment. Then they ask for a copy of the severence agreement and when you get your letter, they tell you when you are eligible to start collecting.

Posted 2/17/17 8:35 AM
 

Sandra
LIF Adult

Member since 5/05

1185 total posts

Name:
Sandra

If you get Severance, can you get Unemploment?

Thank you for the insight.... I read the comments... my question is... I can basically collect a week after Severance ceases or after the lump sum; what does it mean "wait till it ran out"... does that mean the money was depleted???

Posted 2/18/17 6:33 PM
 

Sandra
LIF Adult

Member since 5/05

1185 total posts

Name:
Sandra

Re: If you get Severance, can you get Unemploment?

Posted by KarenK122

Oh no Sandra : (. Make sure you are getting all you deserve. They need to pay you for 2 months on top of your severance or give you two months notice of the layoff and if you have stock options in the hopper, negotiate to get some of those. Unemployment starts after severance is paid. Also make sure how long they are paying your benefits for and contributing to COBRA.




KarenK122 - yeah ! this stinks. But after 15 years and made it through all the other layoffs, I feel fortunate, however.... I will fill you in on the 'rest'... #shocked to say the least. Chat Icon

Posted 2/18/17 7:10 PM
 

WannaBeAMom11
LIF Adult

Member since 1/11

7391 total posts

Name:
Name

Re: If you get Severance, can you get Unemploment?

Posted by Sandra

Thank you for the insight.... I read the comments... my question is... I can basically collect a week after Severance ceases or after the lump sum; what does it mean "wait till it ran out"... does that mean the money was depleted???



It's based on how many weeks the severAnce is for. So if you get 6 months you then file on 6m1w. Your letter should spell out how many weeks you get.

Posted 2/18/17 8:03 PM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
Has anyone used an attorney to look at a severance package? WannaBeAMom11 8/18/16 4 Families Helping Families ™
 
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