Q) my company just sent out a 90 day notice… I have a very small pension coming to me. As of sept 1 they are moving the pension fund to a less reliable company to manage it, if I want to stay with the old pension fund which is guaranteed (prudential) I have to leave my job right now. I worked 27 years for this company and in 90 days from now 22,000 employees will be heading to the unemployment line. I have never been unemployed before.
A) I’m sorry to hear that you’re being laid off. It’s a difficult situation, and I can understand why you’re feeling anxious about the future.
First, it’s important to take some time to process the news. This is a big change, and it’s okay to feel a range of emotions, including sadness, anger, and fear. Allow yourself to feel what you’re feeling, and don’t try to bottle it up.
Once you’ve had some time to process the news, it’s time to start thinking about your next steps. Here are a few things you can do:
- File for unemployment benefits. This will provide you with some financial assistance while you’re looking for a new job.
- Update your resume and start networking. Let your friends, family, and former colleagues know that you’re looking for a new job. You can also use online job boards and networking sites to find new opportunities.
- Consider taking some time off. If you’re feeling burned out, it might be helpful to take some time off before you start looking for a new job. This will give you a chance to relax, recharge, and reflect on what you want in your next job.
- Seek out professional help. If you’re struggling to cope with the layoff, it might be helpful to talk to a therapist or counselor. They can help you to manage your emotions and develop coping mechanisms.
Remember, you’re not alone in this. Millions of people are laid off every year. It’s a difficult experience, but you can get through it. With time, effort, and support, you’ll find a new job and start a new chapter in your life.
If you get laid off in this process you do qualify for unemployment benefits seeing that you have more than met your state work hour requirements.
General Requirements for Unemployment Benefits
Be totally or partially unemployed.
Be unemployed through no fault of his/her own.
Be physically able to work.
Be available for work which means to be ready and willing to immediately accept work.
Be actively looking for work.
Meet eligibility requirements each week benefits are claimed.
Be approved for training before training benefits can be paid.