My company is closing down and has offered severance and 25% stay on bonus weekly.

However this is to be paid out weekly after termination has begun. Not as a lump sum. will this prevent us from receiving for unemployment untill these miniscule payments stop?

1 answer  |  asked Jan 18, 2012 11:08 AM [EST]  |  applies to Ohio

Answers (1)

Bruce Elfvin
This will generally be determined by the ODJFS based upon how it views the payments. If it appears to be continuing compensation then you should not be surprised if the ODJFS turns you down. If it is viewed as payment for a release then you may get benefits. So, apply be accurate in your description of the payments and see what they do. I do not believe a payment of 25% of the bonus weekly for a period of time will disqualify you from the bonus.

posted by Bruce Elfvin  |  Jan 18, 2012 1:44 PM [EST]

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