If I deposit my severance check after 30 days of termination will that affect my unemployment?

Hi, I live in New york. I recently got laid off. Last day was 8/27. I am going to recieve a severance check by mail next week. If I deposit it after 9/27 will that affect my unemployment?

1 answer  |  asked Sep 15, 2020 6:58 PM [EST]  |  applies to New York

Answers (1)

V Jonas Urba
The date of deposit is not the dispositive date. If severance is paid by an employer within 30 days of your termination date then the DOL will not pay unemployment benefits until that severance or dismissal pay is exhausted. That is a broad generalization but the date of your deposit is not what matters. When I review severance agreements for clients I insist that the language in the agreement specifically states no severance or dismissal pay until more than 30 days after the date of termination.

posted by V Jonas Urba  |  Sep 16, 2020 01:55 AM [EST]

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