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Article:

10 Things To Know About Severance Packages

Am I eligible for unemployment?

Yes, employees who have been terminated due to a workforce reduction are eligible. Most agreements include the key information you need to apply for unemployment. However, most states don’t allow you to collect unemployment while you are also collecting severance pay, so be sure to check with your local unemployment agency for specific information. Look for contact information and instructions on how to apply in your agreement or check here.