Can I Collect Unemployment With Severance Pay in Florida?
(Fort Lauderdale, Florida)
I am receiving 6 months severance from an executive position that was downsized. Can I still collect unemployment as I am no longer working.
Probably not while the severance is representing weekly wages.
But let's not forget that unemployment weekly benefit amounts are based on earnings in a base period and that is the "First 4 of the last 5 COMPLETED quarter relative to the quarter you file in.
Let's also not forget that you are only entitled at most, to 26 weeks of regular benefits in a "benefit claim year".
So although you may not be able to collect for six months out of that year .. you could for the other half when the severance is no longer a factor.