For those that have received their severance agreement in CA, does the agreement disqualify us from seeking unemployment?
I think since it's a lump sum we're ok on that front but does it mention anything about voluntarily resigning?
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I took the AEOI, my last day of employment was 5/1. I am receiving Unemployment.
It's very easy to apply. Do not lie about your severance, it'll still get approved.
Your first week unemployed you will not receive any benefits, but after that you'll likely get the max of $450 a week, with a total payout of $11,700.
I'm on my 3rd week of payments now.
@bp that is correct. You can apply as soon as you are no longer on Chevron payroll and they will not contest.
So you can get your severance and simultaneously collect weekly EDD benefits? Im CA too?
The last time when I did that they denied it originally and it took almost a year because of the severance. By the time I had started receiving the checks, I had another job lined up so I had to discontinue the UI payments almost right away.
Yes you can file for unemployment. We all did in the last EOI. I even contacted the EDD and they said it was considered a layoff.
You can still get unemployment in California with EOI. Chevron specifically states they will not contest unemployment claims.
I have not read the EOI paperwork, but in the state of Texas the company cannot exclude you from receiving unemployment benefits. The exit paperwork would need to state explicitly you are waving your rights to receiving unemployment benefits.
I encountered this with a former employer that implied I was not eligible for unemployment benefits but I consulted an attorney and the attorney told me to apply and I received unemployment in the state of Texas.
It is recommended you apply for unemployment the week or two after you receive the lump sum distribution because otherwise you must disclose you received a payment from your employer on the unemployment application. You want to be clearly separated from your employer when you apply for unemployment benefits.
I made this mistake 20 years ago when I left the last employer. I was penalized a week of unemployment for being paid for my lump sum the same week I applied for unemployment.