Q) I got a 12 week severance package payed in a lump sum when am i able to draw unemployment in Tenn.
A According to the Tennessee Department of Labor and Workforce Development, you can start drawing unemployment benefits in Tennessee after you have been unemployed for one week. However, if you receive a severance package, you may have to wait longer to start drawing benefits.
The amount of time you have to wait to start drawing benefits depends on the amount of your severance package. If your severance package is less than 30 times your weekly benefit amount, you can start drawing benefits immediately. However, if your severance package is more than 30 times your weekly benefit amount, you will have to wait one week for every $100 of your severance package that is more than 30 times your weekly benefit amount.
For example, if your weekly benefit amount is $200 and your severance package is $6,000, you will have to wait 20 weeks to start drawing benefits.
If you are unsure how much time you have to wait to start drawing benefits, you should contact the Tennessee Department of Labor and Workforce Development. They can help you determine how much time you have to wait based on your specific situation.
Here are some additional tips for filing for unemployment benefits in Tennessee:
- File your claim as soon as possible after you are unemployed.
- Be sure to provide all of the requested information.
- Keep copies of all of your paperwork.
- Be prepared to appeal if your claim is denied.
You should apply as soon as possible – in most state severance package does not hinder your unemployment claim. You can find your state eligibility requirements on this link