Q) After 19 years i was let go because of company cutbacks. I was given a severance package that gives me about 37 weeks of pay (2 weeks for each year of service). Can i get unemployment on top of this (in Ohio) or can i get any additional weeks of coverage after my severance runs out?
A) In some states, salary continuation payments are treated as income for purposes of unemployment compensation benefits. So, if your payments are equal to or more than your pre-layoff salary or wages, you may be ineligible for benefits while you are receiving severance. Please visit your state local unemployment office and speak with a counselor regarding any possible unemployment insurance benefits available to you.