Severance pay. Some good news. - axed employee Posted: Sep 30th, 2016 - 2:53 pm
Just checking the California unemployment web site and discovered this little gem:
Whether you are receiving, or expect to receive any payments from a former employer. We ask about this because some types of payments may be deducted from your benefits. A few examples of payments that may be deducted include wages, pension payments, holiday pay, and vacation or sick pay. Severance pay is not deducted from unemployment insurance benefits and does not affect your eligibility to receive benefits. However, you must report severance pay at the time you file your unemployment insurance claim.
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