I am currently collecting severance pay. Can I collect Unemployment Insurance at the same time?
In most cases you cannot collect severance pay and UI benefits for the same weeks. If you are disqualified from receiving UI benefits because of severance pay, your benefit year will be extended for the number of weeks for which you received severance pay. If your employer required you to sign a “Release of Claims” in order for you to receive your severance pay, you may be able to receive Unemployment Insurance benefits for the same weeks you receive severance pay.
No, you cannot receive both severance pay and unemployment benefits at the same time. Unemployment Benefits are only paid after the severance pay period ends. So NIB will determine from the claim form and from information provided by your last employer as to when any pay in lieu of notice and any severance pay expires. The unemployment benefit will then be awarded if you are still unemployed 2 weeks after severance pay has expired. Will I be able to collect Unemployment benefits if I quit my job? Yes, you may but not right away. If you quit your job, the benefit may be denied for up to 6 of the 13 weeks. Will I be able to collect Unemployment benefits if I am fired? Yes, unless you are fired for theft, dishonesty or fraudulent offenses. In those cases you may be denied eligibility for one half of the benefit period. How do I appeal my claim if I am disqualified from receiving Unemployment benefits? Claimants may appeal any NI benefit that is disallowed or for which they feel the amount
No, you cannot receive both severance pay and unemployment benefits at the same time. Unemployment Benefits are only paid after the severance pay period ends. So NIB will determine from the claim form and from information provided by your last employer as to when any pay in lieu of notice and any severance pay expires. The unemployment benefit will then be awarded if you are still unemployed 2 weeks after severance pay has expired.
A. In most cases you cannot collect severance pay and UI benefits for the same weeks. If you are disqualified from receiving UI benefits because of severance pay, your benefit year will be extended for the number of weeks for which you received severance pay. If your employer required you to sign a Release of Claims in order for you to receive your severance pay, you may be able to receive Unemployment Insurance benefits for the same weeks you receive severance pay. Contact your unemployment ins. office.