Q: i receive severance pay for 9 weeks. Ami eligible to receive unemployment starting week 10 or
or my eligibility is based on the amount of severance package i received divided by $504 and then i can apply? Severance is paid in lump sum
A: Will severance, dismissal or termination pay be made prior to 30 days after your termination or severance date? If yes, you will need to disclose this pay to the DOL and your unemployment benefits will begin after your severance pay is "exhausted" based on your earnings. An employment lawyer can help you incorporate language within your severance agreement to alleviate such a delay. Call around. I believe there are more than 50 instructional videos posted at Employment Law Reality Check on YouTube, some of which address severance pay and suggest calling many employment attorneys before retaining one, usually for a flat rate on this type of project.
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