re: Does Severance payments affect unemployment benefits

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Severance payments are deductible from unemployment benefits the week in which they are paid. Whether severance is paid in a lump sum or staggered over a defined period of time, if you receive an amount that exceeds your weekly benefit amount ($247/week is the max in La) then that week is considered excessive and no benefits will be paid.

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100% this.

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My advice: file your claim the day you are separated from your job. Indicate you will receive severance, and fax a copy of the checkstub or proof of severance payment ASAP.

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And kinda this. If you can, finagle a way to get all of the severance documented in your first week of UE. You don't collect UE the first week you file - I think it's called a 'week of waiting'. If you can show you got severance that week, your subsequent weeks won't get docked.

Anything you collect in any week in which you receive that $247 (actually, it has gone down to $225 or something now) gets deducted straight from that $247 (er, $225).