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According to the Related Link below, severance pay will not affect your unemployment benefits.

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Baby DuBuque

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Q: Can you collect unemployment and severance pay at the same time in Missouri?
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Can you receive unemployment benefits and Social Security benefits at the same time in Missouri?

Yes, you can collect both. According to the Missouri Department of Labor and Industrial Relations, neither severance pay nor Social Security benefits reduce your unemployment compensation.


Can unemployment benefits and severance from an employer be collected at the same time in NY state?

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...


Can you draw severance and unemployment at the same time in Arkansas?

Yes, but the severance could affect the amount of weekly unemployment benefits you receive. Check page 11 in the booklet found in the Related Link below for particulars.


Can you collect unemployment and severance pay at the same time in Delaware?

Yes, you can collect both severance pay and Unemployment IF the severance pay is not considered an extension of your employment, under the terms of the severance agreement. For more information on the subject, see the Related Link below.


Can you receive a lump sum severance pay and unemployment at the same time in South Carolina?

Yes, you not only can receive both, but the severance pay is not deducted from your benefits.


Can age 62 person draw both Social Security and unemployment in Missouri?

As long as you qualify for both programs, you can collect both at the same time.


Can you collect unemployment benefits and teacher retirement at the same time in Missouri?

If your teacher's retirement is classified as a pension, you need to contact your unemployment office for clarification. Certain pensions may reduce the amount of unemployment benefits a person receives.


Does severance pay keep you from collecting unemployment in Minnesota?

In my case, I was allowed 6 months of pay. Then Minnesota is going to take 50% of that pay for state taxes. The rate is higher because its a severance that is paid in one lump sum. When you accept severance pay, you have to wait until the pay has run out (6 months in my case), before you can apply for unemployment insurance. -Minnesota


Can you collect both unemployment insurance benefits and Social Security benefits at the same time in the state of Idaho?

Yes, you can collect both Social Security and unemployment benefits at the same time in Utah, but the state will offset your weekly unemployment check by 50% of the weekly value of your Social Security payments.


Should an unemployment filing claim in Colorado be initiated immediately while still receiving a non lump severance pay which will last for three weeks?

: I found out part of this answer...if you file before your severance is fully paid out, you risk having unemployment not give you benefits for those weeks. Additionally, those weeks will be 'wasted'since a claim begins on the week filing takes place. Also important, if you are awarded from unemployment say, $12,000 and you filed before severance is complete, they will reduce your benefit amount by the amount of your severance. For instance, if you're getting $3,000 in severance, unemployment will reduce your total claim to $9,000. : However, some employers' severance is not considered as such by unemployment...there is an investigation and it may be determined that these wages are not technically severance after all. The above info was obtained by an unemployment representative. This same answer was posted by me in the discussion area as well...it would be interesting to see any other information on this subject.


Can you collect Social Security and Unemployment Benefits in North Carolina at the same time?

Yes, you can collect them both at the same time.


Can you collect social security and unemployment in NJ at same time?

no . never .