Maximize Your Unemployment Benefits (for Texans)

Sorry if you have been impacted by recent layoffs.

If you reside in the State of Texas and have been laid off, please follow these simple two steps to maximize your monetary gains.

Step 1: Sign your severance agreement document on the day that would allow USAA to pay you at the latest date possible. Why should you NOT sign the severance agreement at the earliest opportunity? Signing your severance agreement on the day you receive will allow USAA to pay your severance at the earliest pay cycle which impacts Texas Workforce Commission's unemployment pay calculation. TWC will stop paying you from the date of severance payment. So it is in your interest to target the latest severance payment date. Employee Relations representative will have those dates available sooner or later.

Step 2: File for unemployment on the last day with USAA (60th day from now) by going to https://www.twc.texas.gov/ It will allow you to create an account and file for unemployment benefits. Do what TWC asks of you. They wlll pay about 10% of your reported annual salary by USAA (most likely to be covering December 2023 to December 2024 because reporting cycle is about a quarter behind.). This 10% is divided into 26 checks (bi-weekly). You will likely see 20~30% of that 10% since severance pay will come within a month or two after your last day with USAA.

Good Luck!
if you reside in the other states, check with your local workforce commissions to find out any helpful tips and tricks.

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4 replies (most recent on top)

I got my Servance payout (non bank) 2.5 weeks after my 60-day notice period ended. I filed for unemployment after I received my severance and it only impacted the 1st check from TWC, nothing else, and I got the full six months.

yea I had the same experience when I was let go in November 2024. I elected to get paid severance for calendar year 2025 and until the severance was paid in January 2025, I received unemployment checks from TWC. If you live in states like California, you may be able to get more $$$$$.

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You’re correct. You do not get unemployment benefit until your 60 day ends. However, TWC covers the period between your last day at USAA and date of severance payment. I’ve gotten paid few thousands because of this. USAA delay the payment of severance? More u employment checks to you. It’s as simple as that.

What you are stating is confusing and was not my experience. Severance only impacted my 1st week of benefits and nothing afterwards. My TWC representative confirmed this process. Your USAA severance package is paid out on the next pay cycle after you official last day and has nothing to do with TWC payment cycles. You do not qualify your severance until the agreement is signed. USAA provides the due date applicable to your circumstance (ex: age is a factor).

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Maximize Your Unemployment Benefits (for Texans)

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