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Q: Severance pay can be paid monthly or in one lump sum. Does that make a difference?
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Does severance pay make me eligible for unemployment in Pennsylvania?

The fact that you received severance pay, in itself, does not make you eligible for unemployment benefits. There are many reasons a person receives severance, including voluntarily leaving a job, so that is not a determinant.


What is the difference between gross monthly income and net monthly income?

Gross is what you make before taxes and anything else is taken out. Net is what you take home after it is all taken out.


What is an allianz variable annuity?

Variable annuity is a life insurance plan where you make series of monthly payments or a lump sum. and in return the insurance company makes periodic payments to you immediately or in the near future.


What type of loan requires the borrower to make monthly payments?

Most loans require monthly payments. The ones most referred to in this category are mortgages, car loans, personal loans, and credit card loans. Also, student loans are repaid monthly and usually after a student has left college or has graduated from college. There are some loans where the repayment is in the form of a lump sum. One example of this is margin loans from a stockbroker. Normally when a stock is bought or sold on margin, the money borrowed to complete the transaction is repaid to the stockbroker in a lump sum.


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...


Monthly rent in US?

The amount of monthly rent in the US depends on many factors. For instance, whether you are renting an apartment, a house or mobile home. The area surrounding the rental will make a difference in the cost as well.


Can you receive retroactive severance pay after retirement if 6 mos later other retirees received a retirement pkg?

You and your company can make whatever legal arrangement you like. There is no law that guarantees you severance or retirement pay. Speak with your company HR representative to see what arrangements you can make.


How do you think I can Make a lump sum cash?

You can make lump sum cash by winning the lottery. You could also sell something that you own such as a car or house.


What is the difference between lump sum contract and turnkey contract?

A lump sum contract is an agreement to make a one time payment for goods and services as specified by the purchaser in the agreement. A turnkey contract is an agreement to deliver a completed ready to use service or project without any specifications made by the purchaser.


What is the monthly salary of Liberia Legislature?

Liberian Senator make $30,000 Monthly


What does monthly housing payments mean?

It means that you have to make monthly payments on your house.


How do you make fat pudding?

eat pudding with a lump of butter