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Old 02-25-2013, 11:29 AM
 
Location: Connecticut
24,669 posts, read 40,256,063 times
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I have gone through and deleted all of the off topic comments. Please only respond to the topic of the original post. JayCT, Moderator
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Old 02-25-2013, 01:33 PM
 
Location: Central, CT
842 posts, read 1,655,390 times
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In 2011 I received severance and unemployment. I received the same unemployment I would have without the severance. It didnt effect the length I collected but I did have the option of starting my weeks right away or waiting for my severance to run out (my company paid me biweekly until it was all paid).

Dol won't be able to get you a severance but if you were required to sign an agreement you can try to negotiate for one before you sign.
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Old 02-25-2013, 02:17 PM
 
Location: In a house
13,258 posts, read 34,716,614 times
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There's also a difference between "severance pay" and "a severance package." The package is part of an overall "I will no longer be employed by this company" plan and includes the severance pay, plus paid accrued sick pay and vacation pay, personal days earned, insurance coverage, and pension.

The only things that are -not- counted with regards to unemployment compensation, are severance and insurance coverage. Sick pay, vacation pay, and personal days are days of work that you got paid for, but never actually had to work to get. And so those are counted as part of your *pay* and not part of your *severance pay*. Pension has to be declared when you're collecting unemployment, but I can't remember that the Dept. of Labor does with the information.
A severence check isn't part of earned wages, it's just a check the employer gave you as a "thanks for spending X years working for us" parting gift. It's still taxable, but it's not considered earned wages.
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Old 02-26-2013, 07:37 AM
 
139 posts, read 286,542 times
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Quote:
Originally Posted by twizzy17 View Post
Can the unemployment find out if you are suppose to receive severence?

If tou tell Umeployment that you haven't received your severence and
apply for unemployment will the amount of your unemployment be
calculated at a lower amount?
DOL does a thorough investigation to determine eligibility of collecting unemployment benefits, so they'll discover if you receive severance benefits. But you can receive unemployment in some cases even when receiving severance pay. If your employer has you sign a legal document that states that you are receiving the pay in order to waive your right to potentially sue the corporation, then you will also receive severance. They may ask to review the severance document to make this determination.

Yes, unemployment may not be anywhere near someone's actual pay. But ~ $560 a week is certainly a nice amount of money compared to what FL provides. The cost of living is 20% cheaper in FL, but the unemployment pay maxes out at $275/week, That's a shameful 51% less than CT.
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Old 02-26-2013, 10:16 AM
 
Location: Live in NY State, work in CT
8,837 posts, read 14,268,948 times
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Quote:
Originally Posted by islandtimect View Post
DOL does a thorough investigation to determine eligibility of collecting unemployment benefits, so they'll discover if you receive severance benefits. But you can receive unemployment in some cases even when receiving severance pay. If your employer has you sign a legal document that states that you are receiving the pay in order to waive your right to potentially sue the corporation, then you will also receive severance. They may ask to review the severance document to make this determination.

Yes, unemployment may not be anywhere near someone's actual pay. But ~ $560 a week is certainly a nice amount of money compared to what FL provides. The cost of living is 20% cheaper in FL, but the unemployment pay maxes out at $275/week, That's a shameful 51% less than CT.
It's not just the South or "red states". Even neighboring "super blue" NY maxes out at $405 (due to past jobs in both states both myself and my wife have collected unemployment from both at some point in the last few years). And unlike CT there's not an option to get extra unemployment if you have kids. MA is similarly generous to CT in both that regard an in the highest possible amount.
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