As an elderly person in the modern age in which we reside, especially one that is unemployed, every single cent has to be accounted for and any additional funds that you can gain access to are obviously extremely useful and important. A question that often comes up is whether you are able to claim both the pension and unemployment benefits at the same time. This is obviously an ideal scenario as it will drastically increase the amount of dispensable income that you have on a weekly and monthly basis. The basic answer to this question is yes, but there are a lot of variants that are involved and the rules and regulations can vary quite substantially depending on what state it is that you reside in. As with any kind of state benefits you will need to file for both the pension and the unemployment benefits at the same time but before you do so it is advisable that you investigate exactly how much it is that you are entitled to before you file. Fortunately, in the modern age in which we reside there are a number of websites available that can point you in the right direction. These sites can be a great help. Quite possibly the best site to find out everything that you need to know is www.dol.gov/dol/topic/unemployment-insurance/, you should be able to see everything that you need to know about unemployment benefits and the rules and regulations that surround them on here.
I am collecting social security (age 66). I will be laid off from my job this month. Can I collect my pension and collect unemployment at the same time?
After being laid off (plant closure), I am eligible to collect my company pension, because I am 55 years old. Is it pension effect to my unemployment benefits? I live in California.
I am getting a Pension now from a former job I had back in 2001. I am currently working now at a different Job and heard that I will be lay off in July. Will I be able to continue drawing my pension and receive unemployment benefits also? I live in the state of Illinois.
After being laid off, I was eligible to retire, so I chose to take the retirement to preserve my health benefits. I am only 55 and am seeking work, and have filed for Unemployment,do I have to report my monthly pension as income? I live in California
Yes, if the pension is from someone other than your current employer. Ie: You worked for company A long enough to get a pension from them, then you worked for a different company (company B) and got laid off, you can collect unemployment based on the wages from company B.
I worked for a company for 34 years, was laid off. Can I collect my defined pension from my employer and collect unemployment ? If so is my unemployment benefits reduced because I'm collecting my pension?
Plant was closing that I worked at, I was laid off, collected unemployment benefits and signed up for my pension which I could at my age of 57. I advised the unemployment office that I was drawing my pension and how much I was drawing so I hid nothing from them. Now the company I worked for stated that I signed up voluntarily for my pension so I should not of been able to collect unemployment. The plant closed May, 2008. I was laid off end of 2007. This is in Michigan was I in error.
I have been receiving a small pension monthly due to a divorce settlement 15 years ago. I've currently filed unemployment. Will I still be able to draw both?
It depends on what state you're in. See table 5-16 under nonmonetary. workforcesecurity.doleta.gov It shows how each state treats the issue of pension payments and unemployment benefits.
Pension are for retiring from work. Unemployment benefits are given because of no fault of your own, you became unemployed. This means you have not retired. This means you are still seeking to find work. This means that if you are under age 65, you can not collect a pension unless you are retired only or have served so many years with the one employer, which will entitle you to collect a pension, even if you are under age 65, but you have to role it over, and or pay penalties for a early distribution if you don't role if over or leave it there.
So, if you become unemployed through no fault of your own, then YES, you can receive unemployment benefits. If later you collect a pension while you were collecting unemployment benefits, [meaning] you retired. You will lose your unemployment benefits because you have to be able and available for work.
If you receive a pension while you are waiting for unemployment. You are suppose to report it during each week or during the week in which you now received your pension benefits and or when you first file a claim for unemployment benefits. They will ask the question and you must answer honestly.
I hope this helps you. You can put in a search on the internet and or findlaw website or some other website to optain a clear concise answer on this issue.
In some extent you say that but there are two things
1. When you doing job you are employed 2. When you retire the government or private organization gives you benefits of two kinds
a. Legal requirement benefits
b. Discritionary benefits
so you ask for pension in my sense it given my organization or government to their employees after retirement the reason is that he or she will living their life.
But in general term unemployment is different in my sense a unemployed are those who are qualified young literate person but free due to no job
