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If you receive severance pay from a former employer, you may actually end up in a pretty good place financially. Many severance packages pay 50% to 100% of wages for a specified time period, and if...
Generally, you can still get unemployment benefits if you quit your job for a worthy cause that can be documented. While requirements vary from state to state, certain eligibility rules like these ...
However, as NCOA points out, if you received a severance package or draw a pension, your unemployment compensation may be reduced. What you’ll likely want to avoid, though, is claiming Social ...
Policies for severance packages are often found in a company's employee handbook. Severance contracts often stipulate that employees will not sue the employer for wrongful dismissal or attempt to collect on unemployment benefits, and that if they do so, they must return the severance money.
Check your employer’s severance policy: See if your employer has posted its severance policy on the company’s internal site. If it has, calculate how much you may receive based on your tenure ...
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According to Indeed, unemployment insurance is a temporary financial respite to an unexpected loss of employment due to a company layoff or a considerable loss of hours at your job.
This program allows workers to return to work for a new employer at reduced hours while still receiving some of the unemployment benefits they currently receive. States can enhance the amount of ...