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Old 03-11-2021, 08:11 AM   #21
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When I retired HR told me verbally that they would not contest my claim for unemployment benefits ... but I would have had to lie every week about my j*b search. That lie came back to bite some of my former colleagues when the state decided to claw back the payments they received, threatening legal action. Again, in my state the search requirement is suspended for now, and I suspect that's the case elsewhere.

But I was a bit disgusted that my former employer explicitly suggested (nothing in writing, of course) that I game the system. Not shocked, of course -- just disgusted.
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Old 03-11-2021, 08:14 AM   #22
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I took UI when I got let go. My "search" ended then I retired.
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Old 03-11-2021, 08:14 AM   #23
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When I retired HR told me verbally that they would not contest my claim for unemployment benefits ... but I would have had to lie every week about my j*b search.
This apparently varies a lot. When my job was eliminated (along with about a third of the company), they told us in writing that they were treating our severance in a way that didn't count as normal severance pay, so we were free to claim unemployment with no worries. It was long ago so I don't remember any more details of it, but it seemed like kind of a nice thing for them to do.
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Old 03-11-2021, 08:22 AM   #24
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I would file for the unemployment. It is just another example of one is entitled to do so and it is legal, why not take advantage of what there is to offer.
This is how I felt. My company even said they would not dispute the claim. Seemed to encourage filing. However, when I read the rules from the state, there was a requirement to look for a job. I wasnít going to take a job and I wasnít going to lie. So, if you can do it without falsifying anything, then Iíd do it.

Iím not sure, but I think I heard that they suspended the job search requirement during COVID, so you may want to look into that.

The other thing I recall is the severance being considered income that needed to be offset against any unemployment. I think I figured I could get around that, but the job search is due was still there.

Also, when I had to decide this, it was a lot less money. Given the amount currently provided, I might try a little harder to fit my square peg in the round hole.
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Old 03-11-2021, 08:40 AM   #25
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6 years ago I was in a situation where I wasn't fired and didn't quit. It was a strange situation as a govenment contractor. I wasn't going to but then decided I would apply for UI. After some back and forth with the govenment team and contractor I started to receive UI. During that time I applied for jobs that I could perform. I applied for two per week as required. What I didn't do was perfect my resume for each submission. I only applied for jobs that were at the very top of my skill set. When UI ran out I took a very good position which I am still at albeit 32 hrs/week. My current contract was up in December. It was extended to April. Two days ago it was extended to June. The lawyers will sort it out in the next two weeks. Most likely the new company will low ball us by 20% in June. If that happens I plan to not accept the new position and apply for UI. Again I will apply for positions at the very top of my skill set. If for some reason I get called for an interview I will attend. If offered the position I will most likely decline and then terminate my UI. You asked.
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Old 03-11-2021, 09:00 AM   #26
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This is how I felt. My company even said they would not dispute the claim. Seemed to encourage filing. However, when I read the rules from the state, there was a requirement to look for a job. I wasn’t going to take a job and I wasn’t going to lie. So, if you can do it without falsifying anything, then I’d do it.

I’m not sure, but I think I heard that they suspended the job search requirement during COVID, so you may want to look into that.
Yes, right now it's very likely due to federal Covid relief legislation that the job search requirement is suspended. The Department of Workforce Development website in my state spells that out. So unemployment benefits are probably a gimmie for now.

But lying to receive unemployment benefits is fraud.
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Old 03-11-2021, 09:06 AM   #27
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Perversely, bad economic times can be good for getting UI. Back in 2009-11 policies designed to relieve the Great Recession extended UI in my state from 26 weeks to 2 years. Similarly now elements of the COVID relief packages significantly increase the amount and duration of UI payments. The terms of my (negotiated, but nominally involuntary) RIF allowed me to file for unemployment. Sadly, times were good in 2015 and the payments only lasted for 6 months. Cue the world's smallest violin.
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Old 03-11-2021, 09:14 AM   #28
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It is amusing that the OP posted this thread, rather than just doing it. Was your spider sense tingling?
Yes. I don't need it, but it would total over $23,000 and that is not chump change.
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Old 03-11-2021, 09:30 AM   #29
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I would file for the unemployment. It is just another example of one is entitled to do so and it is legal, why not take advantage of what there is to offer.
I am kind of on the fence about all of this and wondering where people draw the line on ethics vs legality.

For example, in our state (maybe most states), you can qualify for Medicaid based on monthly income, not yearly. So if you took out $200,000 from your Roth in December but had no other income, you could get free healthcare from Jan to November.

Totally legal.
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Old 03-11-2021, 09:34 AM   #30
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As others have said, the requirements to search for a job are, at least in some states, suspended right now. There are also extra covid related payments that can be quite significant. And the typical limits on number of weeks you can collect have also been suspended. The cobra funding for 5 months is also pretty huge. All in all it can add up to a lot of extra money.

Whether you feel like it’s the right thing to do, that’s up to you. Would you have quit if you didn’t separate from your company?
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Old 03-11-2021, 09:41 AM   #31
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I am retiring this summer, and will have a modest separation package. I just got the following email:

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I am writing to inform you that you will be receiving an auto-generated email from [employer] regarding Unemployment Benefits. The email will be received within 7 days of your separation date. The subject line of the email will be Unemployment Benefits Notification.

Why are you receiving this notification?
On 9/29/2020, Governor Evers signed a new emergency rule to comply with certain requirements of the Emergency Unemployment Insurance Stabilization and Access Act.
As such, [employer] is required to notify all separating employees about the availability of Unemployment Insurance at the time of separation.
There are no exemptions - This notification is sent to all separating employees regardless of the reason of separation (e.g. retirement and/or separation incentive)
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Old 03-11-2021, 09:42 AM   #32
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As others have said, the requirements to search for a job are, at least in some states, suspended right now. There are also extra covid related payments that can be quite significant. And the typical limits on number of weeks you can collect have also been suspended. The cobra funding for 5 months is also pretty huge. All in all it can add up to a lot of extra money.

Whether you feel like itís the right thing to do, thatís up to you. Would you have quit if you didnít separate from your company?
No, I would not have quit.
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Old 03-11-2021, 09:58 AM   #33
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No, I would not have quit.
Well, youíre well within your rights to file. I wouldnít lie about looking for a job, but given that requirement is suspended anyway, it doesnít really matter.

If you were offered a lucrative three month (or other such short term) consulting deal would you do it?
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Old 03-11-2021, 10:31 AM   #34
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Well, youíre well within your rights to file. I wouldnít lie about looking for a job, but given that requirement is suspended anyway, it doesnít really matter.

If you were offered a lucrative three month (or other such short term) consulting deal would you do it?
Yes.
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Old 03-11-2021, 10:32 AM   #35
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Are you retiring then? If not, file for unemployment, but do a job search. If you are retiring, do not file. Your neighbors, your fellow taxpayers, your state, needs the money more than you right now. Make sure you are doing things legally. And also follow your conscience.
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Old 03-11-2021, 10:36 AM   #36
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Are you retiring then? If not, file for unemployment, but do a job search. If you are retiring, do not file. Your neighbors, your fellow taxpayers, your state, needs the money more than you right now. Make sure you are doing things legally. And also follow your conscience.
It is legal for him to collect unemployment. I think you can debate the morality of it, if he considers himself retired.

In my opinion, if youíre open to work and would take work if offered, I would file.
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Old 03-11-2021, 10:39 AM   #37
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Keep in mind, both you and your employers have been paying into this fund all your working days, that's what it's there for. I hate the word "entitled" but in this case you should absolutely file for benefits and depending on your age you may also qualify for retraining in a new career if you so desired.
I think employers have realized that it's far more cost effective to show compassion when terminations occur and by eliminating the position it qualifies you for unemployment and of course shields them from being sued especially when they offer you a financial incentive and/or benefits to sign a termination agreement so you can leave with some dignity and a handshake.
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Old 03-11-2021, 10:45 AM   #38
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You didn't say if your exit package includes health insurance or not or if you're going on ACA. My understanding is there is a provision in the new stimulus bill that just passed that says if you're on unemployment for even just 1 week in 2021 then you'll get enhanced ACA tax credits regardless of your actual year-end income. So if you're going on ACA this is something to consider.

Added: If you're going on COBRA and it's due to a layoff, the new stimulus bill will subsidize a large portion of the COBRA payment.
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Old 03-11-2021, 10:58 AM   #39
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I would not. Never have and it just seems wrong when you have severance.
It's no more wrong than millionaires taking a subsidy on their ACA.
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Old 03-11-2021, 11:39 AM   #40
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DH was furloughed last April due to covid and then his position was eliminated as of October 1 last year. He has received unemployment since last April except for the period late last year when he got severance payments for 9 weeks. He's back on unemployment and because of covid is not required to look for a job. Once the pandemic is in the rear view mirror, he hopes to get a job similar to what he had but his industry may be forever downsized as a long term result of the pandemic. He's also in his 50's with no college degree which doesn't auger well for a good paying job like he lost.

Oh well, he can always FIRE since we are fine financially but having a job provides structure to his life that he likes. With the new enhancements to the ACA, FIRE for him looks even better but it's a bridge we will cross when appropriate.
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