Unemployment benefits and pensions in Nevada


(Las Vegas Nevada Unemployment Benefits)

Unemployment benefits and pensions in Nevada


I recently experienced involuntary separation from Ford Motor Credit Company, and am now finally able to receive unemployment benefits since the period for my severance and all other funds received has come and gone. I took an early retirement package, and receive a pension, a supplemental income, and assistance with health care because of my age eligibility, 58, allowed me to do so, at my discretion. I live in Nevada, and the unemployment insurance I receive is the max amount of 398 per week, but the amount of my pension and all amounts being received from Ford Motor Credit Company totaling 734.82 per month are being deducted from my monthly UI benefits, making my weekly benefit about 206, approximately.

I understand that my state doesn't allow me to collect full UI benefits because I didn't contribute to the retirement pension, however, this doesn't seem fair to those who didn't have the money to do so in the first place. I needed every penny before I was let go, and if I would have been able to receive the full benefits amount, plus my pension and supplements, I would have been able to just get by. I have a 20 year old son at home still that is going to school full time on a Pell Grant, and find it difficult to buy food after all the bills have been paid. I've already substantially reduced my expenses in preparation for the involuntary separation, and had hoped to find work by now, but to no avail.

What needs to be done to change the determination of monetary eligibility amounts for those who couldn't afford to contribute to their pension prior to
separation?

It seems a bit discriminatory. Though Ford Motor Credit Company is an affiliate of Ford Motor Company, I did not have any affiliations with any unions, and am curious as well as to why Ford has an exception listed in the monetary eligibility forum.

Thanks

SM


Hi,

I don't know of anything to be done that would change the determination for you or anyone.

It's the same rule for everyone in NV ..

Reduce weekly benefits for receipt of all pension from a base period employer. Except they do have some special formula to eliminate the impact of employee contributions.

I also don't understand why you think this is even a bit discriminatory. (might be nice to know what exception you write of for Ford .. might be because of a union contract .. or a different state?).

Chris

If, as an employee, you were unable to contribute to your retirement that doesn't mean that all employees of an equal standing didn't contribute or even choose to take the retirement pension at age 58.

I think personal financial conditions are just that, personal.

If there's one true thing about UI .. it's very difficult for your personal life to be good cause for anything as far as receipt of UI benefits go .. unless there is an excepting provision in a state law that might work for you.

I also think the reason contributions are even considered, might be because they usually come off the top of wages .. tax free. Therefore, are also not considered part of your weekly income nor, I assume .. included in the employer's UI tax calculations. (I could be wrong about this, but it's what makes sense to me).



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Sep 09, 2011
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Broke in Vegas, how original...
by: SM

My apologies, my own confusion in reading the Nonmonetary Eligibility General statement had mentioned Ford-General Motors, and in fact was stating for Social Security, not Unemployment. Don't get me wrong, Ford Credit did the right thing by me, I have no complaints, however, if I had known that I would not have been able to receive the full UI benefit amount, I may not have taken the early retirement, although that option would have left me with no health insurance, as opposed to paying what I did when I still worked for them, and that had been one of my deciding factors.

Yes, yes, I know that this is a personal statement, coming from a truly emotional point of view on my part. This is the longest I have been out of work in 23 years, and it's only been since March...kinda scary, applying for jobs at half as much as I used to make, blah, blah, blah...

Southern Nevada is still having quite a time of it all, and will for some time to come. I could go on and on, and this could become an entirely different blog! But, if I had worked for the same company, doing the same job, in another state, would I have been able to receive full UI benefits? Not sure, but will continue to look; you could be right about the contributions coming off the top, tax free, I didn't think of that before, but definitely, that makes a lot of sense.

Thanks for your input, Chris, I really appreciate it!

SM

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