Does signing a settlement allow mw to collect unemployment benefits?

I have been told that if I signed a Separation and Release Agreement that for AZ unemployment purposes, my severence pay of two weeks would now constitute a 'settlement' and I should not count it as Severence under AZ unemployment and therefore I could start to receive unemployment benefits immediately. Does signing a release reclassify my severence pay since they are paying me to release them from liability?
Many thanks

0 answers  |  asked Sep 4, 2009 11:11 AM [EST]  |  applies to Arizona

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