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Understanding severance, pensions and unemployment

Q. If I get “laid off” but I get 10 months’ severance pay issued in one lump sum eight weeks after exiting, am I eligible for unemployment? Also, I have a pension that I can start to receive immediately, but my pension is not high enough to pay my bills and I need another job to survive. I’m in my mid-50s.

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cat on golf course
Eric Gevaert

Can you retire and collect unemployment?

Q. Is it possible to collect unemployment as soon as I retire? I plan to retire the end of this year at age 61. I’ll have a pension, and I have a 401(k). I’ve never collected unemployment and I’ve worked since I got my working papers. I’m asking because a coworker recently retired and filed for unemployment.

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Mario Draghi
In this Nov. 12, 2015 file photo President of the European Central, ECB, Bank Mario Draghi addresses the committee in Brussels, Belgium. (AP Photo/Geert Vanden Wijngaert, file)

Eurozone unemployment edges down for 15th month running

Official figures show that unemployment across the 19-country eurozone fell in December for the 15th month running to its lowest level in a little more than four years.

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